I think all the hedging agreements in place reduces the swing created by IOP. If IOPs climb above the $120 mark as we head towards July then I can see FEX SP climbing to around 30c in anticipation of a 5-6c divi in September.
Other than that, I have put this part of my portfolio in the “steady boring pile” as little is going on to get anyone excited imo. Maybe JW will surprise me with a great deal but recent history isn’t pointing me in that direction.
Roll on to the next dividend is all I am looking forward to.
FEX Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)