SP still seems to be getting caned, however, relative to the...

SP still seems to be getting caned, however, relative to the overall market is holding up well. At the consensus dividend figure of 50c + 50c mentioned in several recent postings, MND has a yield of 12.1% fully franked. At the lower end with a more cautious dividend of say 30c + 30c (which IMHO is likely to be nearer the mark) the fully franked yield is 7.31% which is still very very handy and appears to bring MND closer to a buy opportunity. The SP is now back to around what it was over five and half years ago ($8.14 on 27/3/2009), but it is worth remembering that the price then was coming off a low of $5.83 on 20/11/2008 (four months earlier), before a wild ride to a peak of $27.85 on 18/03/2013. I expect if we have a good day on the market then MND will bounce nicely, but if the market remains soft then MND is likely to drift further south. (IMO)

DYOR - I am not a licensed investment advisor.