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clock Created with Sketch. 27/02/19
11:23
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Originally posted by dazzajoe:
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I think Madamswer's first comment on this thread is on the ball. When the takeover bid is pulled there won't be much support holding this at current levels. In fact I am surprised Allensford has kept their offer in play at this price and didn't retract it. From the announcements it should be noted that current management think they will make a loss by the next report so don't expect 2X10c dividends this year. The 10c dividend they have offered is more than likely for the whole year. Those doing their sums on a 7.4 percent dividend for the year (20/2.7) shouting its still a buy will more than likely find those sums not adding up at the end of the year.
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totally agree the dividend payment is just to entice those not to sell, dont bother looking for another dividend at the end of the year.
(20min delay)