MXI 5.03% $1.80 maxiparts limited

Ann: Half Year F17 Results Announcement, page-4

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  1. 5,581 Posts.
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    I'm happy. The 2c div + 30% franking credit = 2.6c, annualised 5.2c or a yield of 8.5% (on 61c sp). I am in at 44c so the yield is more like 12%.

    MXI is too small and thinly traded to attract speculation. My game is a manufacturing resurgence on a lower $A. So far, I am chasing rainbows.

    Ash
 
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