In relation to your post Lomu,if you need the div desperately then get out, I expect many will drop them,but looking at the long term view,the company share price will strengthen,over time.I am hoping a few will drop out next week and I can pick up a few more.I am holding ORG and OSH,From my research looks like oil will stabalize around the $50-60 mark which bodes well for ORG
There could be a lot of people who may sell as they might be looking at the div and buy bank shares to get a better div,but my thoughts are the banks are a lot riskier than the oil as I believe they have over lent particularly in Syd and Melb,lets see where ORG ends up by the end of next week,will be interesting!!!
ORG Price at posting:
$5.56 Sentiment: Buy Disclosure: Held
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