Now that the blocks have fallen in place I am anticipating significant EBIT and dividend increases over the next 12 - 18 months. So at potentially a 4c divi per year do I consider 40c bid (10% divi pa) or 45c bid (9% divi pa) and even 50c bid (8% pa) attractive?
(Can't think of many other companies with this risk profile providing such a return.)
This is a well run and growing company with somewhere around 75% bond like return. I don't find a bid below 50c even remotely attractive or worth consideration.
- Forums
- ASX - By Stock
- News: UNV Universal Coal Says Mineral Resources Dept Grants Eloff Mining Co Mining Right Over Eloff...
Now that the blocks have fallen in place I am anticipating...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)