CWT 0.00% 23.5¢ challenger wine trust

dump at end of day, page-2

  1. 135 Posts.
    I've bought it as an interest rate arbitrage. It's yielding 14%, my bank is charging me 10% on margin. It's at historically low levels (hey, the rest of the market is going down the pan too), so you can afford to hold it and just get the dividends until you can offload it for a profit. As mentioned in a previous thread, it's cyclical between 75 and 90c.
 
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