If someone wants to pay $3 for a $2 share because it starts paying a 12c div that comes straight out the SP on ex-div day and they gotta pay tax on, and for no other reason, I’m all for it. Doesn’t seem that plausible a theory, that’s all. It is possible punters following the money buy in now simply because they believe STAM’s interest means the SP will rise and I’ve got no problems with that, whether it’s a good enough reason or not, but they’re after the same thing as me, a rising SP, not the div! I’m still thinking what might be the best idea though is to produce a lot of oil and sell it and find some more and sell that too, call me old fashioned.
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Open | High | Low | Value | Volume |
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12 | 93351 | $1.67 |
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1 | 5477 | 1.665 |
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21 | 65462 | 1.650 |
Price($) | Vol. | No. |
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1.680 | 56104 | 2 |
1.685 | 56104 | 2 |
1.690 | 6104 | 1 |
1.695 | 106104 | 2 |
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Last
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Change
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