I sold out at a touch of over $1.20 last year around the ex dividend date in August (from memory). At that time I bought in around 75c.
Decided to buy back in April 09 between 36.5 to 38c.
Without any bad news I think 70c is a reasonable target for ex divy date, with the forecast profit and a dividend of say 4c. Divy last year was 5c (I checked this time). More good news will quicken the rise and think revenues will only improve.
Will wait and see, but last Friday has put some wind of the sails of the mining sector (and hence engineering) sector.
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8 | 1282825 | 0.024 |
8 | 957849 | 0.023 |
5 | 772098 | 0.022 |
4 | 344666 | 0.021 |
Price($) | Vol. | No. |
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0.027 | 178200 | 4 |
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