LLI 3.57% 13.5¢ loyal lithium limited

G'Day MMG'ers,I doubled my position in MMG around a fortnight...

  1. 929 Posts.
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    G'Day MMG'ers,

    I doubled my position in MMG around a fortnight ago at $3.50. Just think this company is still at very affordable levels and anticipate a solid report in June (I'm not sure of the date).

    I would expect the dividend to be 25 cents unfranked, which is an excellent return in my books, for a $3.50 investment. The Southern Cross investment incomes should start to be evident on the books in this reporting.

    Huntley's still have a Buy on MMG, with a valuation at $4.70. Time will tell once again, I suppose.

    Regards,
    Snake13.

 
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