WTP 0.00% 91.0¢ watpac limited

Mrs S. I have not checked the cut off dates for Div. IMO now is...

  1. 1,372 Posts.
    Mrs S. I have not checked the cut off dates for Div. IMO now is a good time to buy WTP if you have the cash. The half year div is approx 3.5% at this sp. Todays sp rise is more than that. This makes the div irrelavent in the current volitile environment. In the big picture that is. It is good if you get it but it should not be a reason to buy. If WTP is a good buy on fundamentals than go for it. I do think (hope) that it has bottomed. In a "normal market" the sp may well go down by the div amount when it goes ex-div. I am not sure that I put this well. Bottom line-don't buy because a div is due, buy (or sell) because of the fundamentals and growth potential. The div will be a bonus.
    re the liquidity question. Dont know about 20%, but for a closely held, small stock e.g. WTP, there only needs to be a few holders (2or3) who really want to buy of sell to make a large move in sp. Note that today's vol was only 160k. This is more than 2or3 holders probably. Some days recently vol has been ~50k.
    One of my spec/start up plays will often trade less than my holding. This can mean that it is almost impossible to get out in a hurry if you want to.
    LOL
 
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