MIG 0.00% 4.4¢ a.c.n. 059 457 279 limited

payment/thoughts please, page-2

  1. 929 Posts.
    lightbulb Created with Sketch. 3
    G'Day Azzumah,
    I bought in yesterday after reading up a little on MIG's announcements over the past few months.
    I couldn't find anywhere that stated that a 77.5 cent div per stapled security, payable in two parts, for the fin year ending June 30 2005, was to be paid.
    When it was announced yesterday as a guidance, MIG was trading around $3.90.
    After reading some of the posts yesterday, I decided to buy in and take advantage of A) That fantastic dividend; & B) The gain in share price that must follow once people become aware of what a massive dividend 77.5 cents is on a $3.90-$4.00 share. (currently)
    Of the people that posted on MIG yesterday following the AGM announcements, could you please tell me if I am missing something?
    I must be!
    The first part of the dividend has a record date of 31/12/04, after which you are entitled to the 63.75 cent dividend.
    Surely, if I am not missing something important, this is great news for the share price, company and shareholder.

    Goblin, goblins, top-pick, rottenegg, Ajaz...can you assist me on this???

    I will sincerely appreciate any comments.

    Regards,
    Snake13.
 
watchlist Created with Sketch. Add MIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.