Pie, thanks for your thoughts and wholeheartedly agree with you....

Pie, thanks for your thoughts and wholeheartedly agree with you.

In fact, the prospective yield is more than 10% as the 2 cents is only an interim dividend. ABN are forecasting a 4 cent payment in 09 even after putting a sword to their numbers.

That would represent an annualized yield of 20% or 28% grossed up!

Under that scenario, I would be more than happy to wait 2-3 years for the share price to move back towards $1 as I collect juicy dividends in the meantime.