I'm not as impressed as you Paydirt. I am a long term holder and MYS is approx 30% of my portfolio. I don't have the spare cash to take up the offer, so I will be diluted by 20%. The 8.3% you mention is very good I agree and the main reason I have stuck with MYS for the last 10 years, but if the growth does not materialise then surely the dividend will reduce by 20%. They had a load of spare cash from not paying a dividend 6 months ago - what happened to that? Shareholders should be allowed to vote on this.
I'm not as impressed as you Paydirt. I am a long term holder and...
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Last
$3.89 |
Change
0.010(0.26%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.91 | $3.81 | $803.7K | 208.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18769 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 1064 | 1 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| MYS (ASX) Chart |