A good dividend should be a great boost.
It may be 'in the know buying', I hope so, or perhaps people in the company who also see this as a great price to buy shares at. Given the sp was 22-25c for quite a while before last weeks sell off, I expect it to trade back to that range, with the dividend announcement and covenant renegotiation being the next crucial events. For what it's worth, my advice to them is to keep the dividend high if possible, apart from the obvious financial benefit, in this market, nothing displays confidence more strongly then good dividends and directors buying stock.
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A good dividend should be a great boost. It may be 'in the know...
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