look I have been around for not longer then 4 year I think and I have accumulated capital loss on this one but my income now is above the capital loss and since last year they are doing well without doubt.
however if you have invested at $2.5 then you have reason to be angry.
maintaining dividend without franking is important otherwise the share price goes back to $1...so I don't mind them cutting some franking but keeping the base dividend which to those investing now has massive yield of 11.88% including franking or 9.45% without franking.
obviously there is no guarantee in stock market if the company will keep paying same dividend moving forward but that is applicable to all stocks.
as long as I get my base dividend....i am okay thanks nhang in little longer.
WAM Price at posting:
$1.65 Sentiment: None Disclosure: Held
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