MGV musgrave minerals limited

Without trying to be too negative I see the dividend as a red...

  1. 147 Posts.
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    Without trying to be too negative I see the dividend as a red herring marketing ploy by RMS. (the timing of the offer acceptance and the ex date of the dividend have been aligned). Also we only get 1 RMS share for every 4...MGV so 2c divi is in effect only 0.5c per MGV share...and to add insult to injury not uncommon for share price to drop by divi amount once it goes ex.

    Anyhow we will see how things play out over the next week or so....the new substantial holder notice is also interesting but remains to be seen if their appearance has any ultimate benefit to existing MGV shareholders.
 
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