GDI will pay a 2.5c dividend in 7 odd weeks (ex dividend, not payment date), and a 5c dividend for FY24 (but not paid out of profits, they are subsidising the dividend which I don't like), its a 9% yield, the market seems stronger in Perth. I could be wrong, and I would like to see their Dec half year earnings report due out in Feb next year. (At least financials don't lie!)
But at 54c, and a 1st position, my capital at risk is not too great, and can assess further.
GDI Price at posting:
55.0¢ Sentiment: None Disclosure: Held
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