All quiet on the western front. I think the 2 cent dividend is...

All quiet on the western front.

I think the 2 cent dividend is unlikely considering how much skin the directors have in the game, they know a market reaction will be not welcomed, which makes me think they maintain the 3.5 cent first half dividend, to give the share price a rally and beat expectations. If for what ever reason there is a dividend drop and further reduction in profits, would be a disaster for the share price.

Interestingly enough we are seeing some shares prices dropping like fly's atm, some up to 70%in a single day and facing little recovery.

Volumes no doubt are low because traders are not buying.

The ASX doesn't seemed that convinced with Japans negative interest rates. The whole thing does seem a little desperate.