I think you’re probably right, Coalhardcash. I wondered yesterday whether the 3% drop on the HK market was a sign that another 70c dividend was unrealistic this time around, and that proved to be correct. We may well see a sizeable drop on Monday, as you say, but there’ll surely be a recovery In the lead-up to 12 March. I’ll be hoping that it could reach $6.20 or even $6.30 before going ex div, but that’s probably too optimistic — your $6.00 guess is more likely, I think. If so, I think there’ll be a sound case to sell/lighten at that point, given the fairly high probability that the price will fall back to $4.50 or so in the ‘shoulder season’ (June/July).
All of that said, a half-year dividend of 32.5c, fully franked, should not be a cause for complaint (as many others have commented).
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$6.94 |
Change
0.125(1.84%) |
Mkt cap ! $9.157B |
Open | High | Low | Value | Volume |
$6.86 | $6.97 | $6.83 | $9.157M | 1.324M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3 | $6.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.94 | 13380 | 44 |
View Market Depth
No. | Vol. | Price($) |
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21 | 15568 | 6.940 |
12 | 26807 | 6.930 |
14 | 29360 | 6.920 |
6 | 7496 | 6.910 |
10 | 49122 | 6.900 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 10024 | 29 |
6.960 | 9883 | 8 |
6.970 | 20220 | 11 |
6.980 | 6877 | 5 |
6.990 | 19775 | 4 |
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