Massive manipulation here. Exc buying now at 1.39 AND a 7.5c ffr div included in the price!! Another 6.5-7c div in Aug giving (at 1.39) a net yield 10% and gross yield of 14.3%. Very likely the highest of the ASX for FY15!
Why would SKE (who has brand new CEO) pay such a strong div if he thought rev/earnings in 2H will tank? If he did he would have cut 1H div to pay down debt. Read the HY report and dyor.
SKE half yearly, page-40
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