Hi guys, just stumbled across fan after doing some trend research on a list of stocks. I'm not much of a chartist, but like to base some of my investment decisions on trends. If you look at the 5 year chart there is a lot of support at $2 with a low of $1.70 in 2011. The share price has bounced off $2 on a number of occasions so this might be a nice base for the share price. You have to go back to 2008 to find its low of $1.57
Looks like above $2 is a good level of entry fo FAN and getting a nice yield as well.
I don't know much about FAN and have been out of the country too long to know much about the company itself. And have only just started reading/researching further.
Are there any risks to the divi?
FAN Price at posting:
$2.15 Sentiment: None Disclosure: Not Held