Hi All My Take On the Positive Facts AJA -share price 36.5c (at time of print) -Distribution of 7c per annum last confirmed by management with concern moving forward. Actual income received 9c so holding buffer also. -Distribution announced around 25 June -Current yield on latest distribution(expected) of 3.5c = 9.6% for a 4 week hold (approx). Annualised @ 124.6% (Just 4 Giggles) -Over last few weeks Large funds buying in and by the looks of today looking to manipulate share price 4 a little while. Ie Capping @ .365c 1.5 million shares. -Senior advisor holds over 8 million shares for quite a while now (confidence in company IMO) -Loan is in Yen (potential low 2% loan), hence the large % distributed to shareholders. Seems maitainable IMO. Has always paid a distribution since inception. Good IMO Japanese debt concerns are no worse than any others in fact the latest European concerns seem to be more of a smoke screen to allow the (largely) indebted $US to get some value back as it has been copping a hiding recently Zzup;)) Potentially more facts out there sorry im just a little tired ATM. Please any1 else if ive missed anything please post Ta
AJA Price at posting:
36.0¢ Sentiment: None Disclosure: Held