Perpetual left and then came back in- they really do act like share traders than buy and hold funds. They buy on dips, which is sensible. In for the dividend, then out, then in again. Dimensional has sold down.
We have seen big dips with this one. It's hard to read what the trading ANN means, but if UXC falls to 80c, it would have a PE/r of 10, and a good dividend yield. No reason why the dividend can't stay the same if UXC expects a similar outcome next year as this year.
UXC Price at posting:
95.5¢ Sentiment: None Disclosure: Held
