CWT
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0.00% 23.5¢ challenger wine trust

possibly last to enter sub 35 cents, page-7

  1. IronCondor
    135 Posts.
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    17/01/10
    12:25
    Post #: 6211942
    They are doing a DRP with their shareholders and using the money to retire debt. Shall be interesting to see how this affects the share price yield. Will the price go up if the div yield drops but the company is perceived to be more stable due to dropping leverage?

    IC
    CWT Price at posting: 29.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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