It seemed pretty clear IMO that Dr Don Hamson was alluding to the fact that this SPP might be the last one due to his comments during the SPP podcast interview He does not want the size of PL8 to be too large (i think he said around 1 billion will be large enough) So depending on the amount of coin this SPP brings in this could be the last one.
Buying PL8 at a premium................. History shows that the economics of supply and demand of PL8 stock indicates that there has been more demand than supply (so the share price has been at a consistent premium price)
Will this continue???? I'm happy with the yield and monthly fully franked dividends so I'm happy to add to my share holding when the opportunity rises in the future.
PL8 Price at posting:
$1.17 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)