Broker’s set targets or expectations of achieving certain results and if they don’t achieve these outcomes the shares price usually drops.
Shareholders also have expectations that this years and possibly the next year, the dividends should be exceptionally higher than normal because of the world events. It not likely to be repeated again, unless China has similar aspirations like Putin!
The BOD of should not follow WHC path by redirecting excessive funds into BB’s, which caters for professional shareholders at the expense of long term retail investors.
It appears there was a backlash to the meagre increase in WHC dividend!
NHC Price at posting:
$5.64 Sentiment: Hold Disclosure: Held
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