AUX ausron limited

60 percent dividend, page-30

  1. 1,584 Posts.
    re: 3c capital retun 0.25c divvy as well Well, folks,

    I hold a great many of these shares and hope that they do well but I have no idea whether they will or not.

    After we're accorded the "return on capital and extra dividend" the sp may fall to 2.5 cps. Some indication of fair value might be perceived in thei share buyback conducted a couple of months ago - the ceiling, I think, was .057 cps.

    But all this is pure speculation. Their management would be totally stupid if they didn't foresee this and be prepared with an announcement of future direction before the dust settles.

    Howevre, I am not in agreement with RoguesTrade who claims that the company will be a "shell" - as though it were being stripped of assets and the 3 cps capital return was all that was left of the company!

    Or maybe he knows a lot more about it that I do.

    (Sir) Lunchalot
    Caveat: Do not trade on Lunchalot's flimsy opinion - it's more dangerous than American "friendly fire".
 
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