SNC 0.00% 84.5¢ sandon capital investments limited

Are days like today's trades anything to do with large...

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  1. 6,550 Posts.
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    Are days like today's trades anything to do with large shareholders who take up their DRP?

    https://hotcopper.com.au/data/attachments/6470/6470654-a0cb43a8cddbf630f3eea2cf57925e8f.jpg

    Small volume dumps, still some time before the Ex.Div. date:

    Date of this announcement
    19/8/2024
    Distribution Amount
    AUD 0.02750000
    Ex Date
    21/10/2024
    Record Date
    22/10/2024
    Payment Date
    7/11/2024
    DRP election date
    Wednesday October 23, 2024 17:00:00

    Expect we'll get another NTA update prior to the Ex.Div. date - will be interesting whether we'll see much change Aug. to end Sept.!

    Should SNC maintain Div's FFrkd, in 14 months Shareholders will currently receive 2.75 x 3 = 8.25 cent s plus franking with the SP currently @ 77.5 cents - quite reasonable for 14 Mths exposure!?

    I like the Div. level FFrkd, looking for Capital Appreciation - hopefully!? & not planning to take part in the DRP!
 
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