MRE price $6.73 (did touch 7.19)
Fully Franked dividend at 45c
grossed up = 64c
That is a yield of 9.5%
Exdiv date is 13 March ->7 trading days to go.
If the PON holds up.....this stock will run to $8.
Dilema: holding this stock since $2.40 (and 1 year CGT not up).
Glencore will not need to take them over......