they will return capital
they would because they have heaps of cash and i am looking for a dividend on top of the return. the rumore around town is that they will return 20c. the stock should have a run back to the mid two dollar range with any luck. it is very cheap and all up may provide the punters with a 10-11% return on the current price. Insto's buying through potters have bought around 10m shares during the last mth, they seem to think its a buy. I own stock of course and am looking for the re-rate to happen..
MRE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held