I think you’re probably right, Coalhardcash. I wondered yesterday whether the 3% drop on the HK market was a sign that another 70c dividend was unrealistic this time around, and that proved to be correct. We may well see a sizeable drop on Monday, as you say, but there’ll surely be a recovery In the lead-up to 12 March. I’ll be hoping that it could reach $6.20 or even $6.30 before going ex div, but that’s probably too optimistic — your $6.00 guess is more likely, I think. If so, I think there’ll be a sound case to sell/lighten at that point, given the fairly high probability that the price will fall back to $4.50 or so in the ‘shoulder season’ (June/July).
All of that said, a half-year dividend of 32.5c, fully franked, should not be a cause for complaint (as many others have commented).
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Last
$6.33 |
Change
0.040(0.64%) |
Mkt cap ! $8.371B |
Open | High | Low | Value | Volume |
$6.28 | $6.35 | $6.24 | $128.1M | 20.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 15310 | $6.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.35 | 16938 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 18052 | 6.330 |
12 | 14976 | 6.320 |
9 | 21687 | 6.310 |
4 | 5874 | 6.300 |
3 | 2807 | 6.290 |
Price($) | Vol. | No. |
---|---|---|
6.350 | 22072 | 10 |
6.360 | 13226 | 3 |
6.370 | 26589 | 5 |
6.380 | 31228 | 8 |
6.390 | 8881 | 3 |
Last trade - 10.54am 27/06/2024 (20 minute delay) ? |
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