mikes100
Im with you. The latest NTA would put it at $1.44 yet the SP is only trading at $1.21
Either the directors start being more agressive on the buy back or they payout a big dividend +0.10c
The other option is a big dividend and implement a DRP at a small discount to the SP (no more than 5%) this gives shareholders the option rather than an option which could expire like the last one out of the money.
what to expect, page-3
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