ubs expects ozl to announce sp. div. of 13cps

From this article:

http://www.theaustralian.com.au/business/opinion/viable-telstra-media-strategy-is-faint-hope/story-fn7rgef9-1226001047078

"UBS is expecting the company to announce a special unfranked 13c dividend, bringing the full-year payout to 16c a share."

Also, from Credit Suisse:

"... Credit Suisse has crunched the numbers of a potential buy-back ahead of Wednesday's full-year result, estimating a $500m buy-back at Friday's close of $1.71 a share would add 5-6 per cent to earnings."
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Of course, today we closed @ $1.765, merely adding to the moolah of a possible share buy back.

Fabulous close today, actually. Five green days on the market in a row will do that! We're close to our recent high of $1.80. The announcement of capital management initiatives tomorrow should get us there, without us having to rely on the Dow, I hope (we can't be green forever).

And a bit of macro- China just announced another rise in interest rates by .25%, the third in recent times (second in a month). This should have an interesting affect on share markets and global economies- not sure what affect yet, but it will be interesting.

http://www.businessweek.com/news/2011-02-08/china-raises-key-interest-rates-to-counter-inflation.html?utm_source=twitterfeed&utm_medium=twitter