Start worrying about CBA when it goes ex-div tomorrow.
If you are going to wait for 40 cents you will most likely miss out. A few cents here or there will look fairly irrelevant after SMN gains FAA approval which is expected to happen in a few months. It is only the delay by Boeing in putting the application to the FAA that will determine the length of time. It is a complicated procedure, but the FAA have told them what is required. It is expected to have FAA approval this year, meanwhile SMN will be making a profit through its subsidiary, AEM. There would appear to be no downside risk with a multiplication of the current share price expected. Read the chairman's report.
CBA Price at posting:
$164.97 Sentiment: Sell Disclosure: Not Held
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