MRE
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0.00% 87.0¢ minara resources limited

glencore takeover

  1. gimpooo
    566 Posts.
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    01/03/07
    19:10
    Post #: 2239089
    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......
    MRE Price at posting: 0.0¢ Sentiment: ST Sell Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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