What a difference a couple of weeks can make in this market. Straight after the AGM we lifted from $1.39 to about $1.90 only to see it cascade back to $1.40.
Whilst the dividend yield is now of the scale due to the weak share price, I think I'd rather see the yield reduce by way of the share price getting back up into the $2's.
I'm surprised that Chairman Kev hasn't waded into the market at these levels to top up. I noticed he sold a huge chunk of TAB the other day. WTP could be a good place to redeploy the funds.
WTP Price at posting:
$1.43 Sentiment: ST Buy Disclosure: Held