l think the dist is too low at 2 cents and market awaiting the next release which should be 1.5 cents l think. the yield need to rise substantially to push up the sp and that needs to be around 4 - 5 cents.
they have paid down some debt which is great but the income has been diluted by the share issue.
a t/o offer will eventuate but nobody knows when, l would just like to see the dist rise and then any offer will have to top that.
- Forums
- ASX - By Stock
- Ann: EastLink Traffic - September 2010
l think the dist is too low at 2 cents and market awaiting the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CEU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online