ION 0.00% 0.9¢ iondrive limited

Great announcement today! Most of us here were expecting an...

  1. 4,476 Posts.
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    Great announcement today!
    Most of us here were expecting an announcement about a dividend/capital raise, but seeing this announcement has made me smile so much. I'll be logging on to the registry website to make sure I participate in the DRP. I had expected the 3c dividend, and whilst the cash would be handy, the shares @ 25c are ever so more handy for the medium term! 10% yield at closing price, with massive amounts of possible capital return, and that is after a +13% day today. So much more in the tank it's not funny..
 
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