Interesting little play this one.
Shareprice is 5.2c
In Oct they announced a 3c Div - YES, that's more than 50% I know, check out the announcements.
NOW, they're planning a futher 3c CAPITAL RETURN to shareholders which if shareholders vote the OK next Wed at the AGM (and of course they will), I'd expect an immediate announcement with the record date of the return.
What do you think the SP will do once they announce the 3c CAPITAL RETURN??? Probably the same thing it done a couple months ago and will ROCKET immediately to 9-10c.
I bought a few this morning as I like the story and it's about to happen within the next couple weeks as well. Take a look at the announcements.
Get on it NOW I'd say for some EASY $$$
AUX
ausron limited
