I think so ... 20% (or so) dividend is nothing to sneeze at, and it appears to be a relatively safe investment (although DYOR & I wouldn't have the life-savings on it).
I have it as a different part of my portfolio, just as a good income-producing stock that should increase in value over time, nothing too flash.
I was originally in at 3.75, I've now averaged down to 3.70, and it's obviously cheaper than that at the moment.
Best of luck, let us know how you go ...
Cheers.
- Forums
- ASX - By Stock
- ebi is a good buy
EBI
everest babcock & brown alternative inv trust
I think so ... 20% (or so) dividend is nothing to sneeze at, and...
Add EBI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online