Yes, the SP in decline has been telling the truth for some time now. The MAs and the MACD rarely lie.
The cat was well and truly out of the bag some time ago and it’s amazing how some of these managers and directors can tell such “porkies” with such a straight face ! They should go straight from the corporate world into politics ! They wouldn’t have to change a bit !
Still, looked at the dividend yield if the next div is the same as this one which would equal a bit over 6% and topped up this morning at a bit under $7.30.
Ann: Elders Half Year Results Investor Presentation, page-47
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