impending dividend, page-5

I got into this around 3.60 a month or so back for the great yield, expecting a long term hold.

Historically it has always paid a big and small div, this one was the small.

Final ???? March 08
Interim 20.00 (?) 25 Jun 07
Final 43.40 01 Mar 07
Interim 26.00 26 Jun 06
Final 43.00 02 Mar 06

Now if they can manage anything close to 40 cents next we should see a price somewhere around $5, right?

With that in mind it would seem the stock is well undervalued at current price, I could only speculate that the global hedge fund exposure has the punters a bit worried - talk of high debt levels, Chinese getting ahead of themselves etc.

You'll see directors were putting money just a while back so they seem to be confident.

Anyone else expecting a large capital gain on the back of a large div come March 08?

How about the merger business or whatever it was (raising?) that went on before, do we expect any performance impact from that? They did say they had more money to invest in new markets though I guess it came with an equalising dilution.