Massive manipulation here. Exc buying now at 1.39 AND a 7.5c ffr div included in the price!! Another 6.5-7c div in Aug giving (at 1.39) a net yield 10% and gross yield of 14.3%. Very likely the highest of the ASX for FY15!
Why would SKE (who has brand new CEO) pay such a strong div if he thought rev/earnings in 2H will tank? If he did he would have cut 1H div to pay down debt. Read the HY report and dyor.
Massive manipulation here. Exc buying now at 1.39 AND a 7.5c ffr...
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