The viagra is the 3.5c dividend in june.
Therefore if the stock goes up to 35c and johnny citizen jumps in and buys the share he gets a 10% return in 5 months.
Best return on investment in a long while. Given fixed interest rates around 5%.
So sell the shares at 20 to 25c and miss out on future share price rises and that nice juicy dividend.
So if 1 for 1 rights issue takers dump there are plenty of buyers. Mitsui Asset Management for one.
Now stable 50c to 60c stock is probably a realistic share price.
Any comments.
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