Day traders' after-market lounge August 25, page-46

  1. 4,998 Posts.
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    FEX - Have an open trade on pending div Ann (company has already confirmed a 50-80% distribution policy) based on $49M NPAT - translating to a 10-20% dividend at a .30 SP. Hedging provides some security for IO volatility. No debt, banking bulk cash at these prices. Div Ann (due in the next 2 weeks I believe) or IO stability could see a run for income, target 0.35.
    https://hotcopper.com.au/data/attachments/3510/3510497-6d4807a9e391bce8374f43f38d65913c.jpg
 
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