SHM 0.00% 72.0¢ shriro holdings limited

I got my wish and bought at a lower price than the close but...

  1. 2,580 Posts.
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    I got my wish and bought at a lower price than the close but unfortunately not the bottom.

    The way I look at it is it goes ex divy next week so I should pick up 3 divies over the next year and a little bit.
    I am expecting the .04c plus two lots of at least 3c plus franking

    Not a bad return.
    I understand that the share price will drop when it goes ex divy but as far as I am concerned that's only a book value and the underlying business of SHM has not changed as far as I can see and it should continue to perform.
    There have been no market updates to the contrary



    DYOR
 
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