Gio, am in same boat as you, however Ive decided to hold on, take the 4c divvy, and buy more when it goes ex-divvy and the price stabilizes. I cant see Mn prices down at these levels for too long, at least with steel demand starting to pick up in China, if not globally. Clearly the next half divvy in 2020 wont be 4c, but i still think the dividend yield will be around 7 - 10% and thats still good.
Ann: Dividend/Distribution - JMS, page-27
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