Yeah but all things aren't equal. The 41c last divvy was because the royalty for the period mar-Sept 06 was off the chart as the price of oil skyrocketed (remember $1.40 per litre for fuel). Oil prices have retreated since Sept so next div unlikely to be more than 25c. Add the final cap red and I wouldn't buy the stock for more than 45c.
So why is it still at 70c? Surely current holders know what they have with BSO?
BSO
bass strait oil trust
