The dividend will get hammered unless they try and fund it via debt which seems to be what they did in the half yearly.
A lot of people (myself included) were in this for the high dividend, turned out to be a trap in this case. I suspect it will drop further over the next few days, below $5. Even at $5 the PE would be around 27 so still looking expensive.
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Open | High | Low | Value | Volume |
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1 | 341 | 1.470 |
1 | 15000 | 1.450 |
1 | 235 | 1.400 |
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Price($) | Vol. | No. |
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1.670 | 1710 | 1 |
1.690 | 6456 | 1 |
1.740 | 3000 | 1 |
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