arb corporation-starting to move

Good bids just came in.

This stock is worth watching as it will go ex a 20c fully franked special dividend on 15 November. Margin lenders will lend up to 50% so moderately safe stock.

Manufactures and sells accessories for 4x4's (4 wheel drives). There are ARB retail outlets which you may have seen.

Have you noticed how many 4x4's there are now (1 in 4 new car sales). In Sydney Eastern subs I'd say its higher than 1 in 4.

Net profit for 2004 was $12.1m up 17.5% on 2003.