"Mount Gibson Iron (ASX: MGX) takes out top spot for the highest fully franked dividend yield of a massive 26.3%'
Thank you for the link to the article.A few days ago I did hear from a source (which I cannot disclose) that MGX intends to announce a dividend in August.
By no means do I want to stir up something that may prove to be fictitious and I definitely do not recommend that anyone use this to make an investment decision.
My personnel opinion leans towards that we won't see a dividend announced in August due to insufficient franking credits.
That being said, judging by previous AGMs, PK takes questions only from Macquarie and not from the retail investors . . . perhaps Macquarie is more up to speed than the retail investors.
Also in the most recent report PK talked about paying dividends as soon as franking credits become available.
Disclosure: I do have a BUY order in currently to accumulate a few more but this has zero to do with any dividend speculation.
MGX Chart/Technical Analysis, page-247
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.8¢ | $360.4K | 877.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 168024 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 80475 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |