AJA 0.00% $7.23 astro japan property group

Zzup,Well CER/CNP have just announced (to the surprise of many)...

  1. 3,760 Posts.
    Zzup,

    Well CER/CNP have just announced (to the surprise of many) nill distributions today. I suppose there is no rule against announcing earlier than around 22nd of June. And since we have had no contrary guidance there is equally no reason to announce the distribution sooner or later than usual. I still think AJA will tap 40 cents.

    I still think this is a traders stock and supply and demand being what it is will innevitably mean that traders will rationalise buying into AJA and there will be subsequent upwards pressure to teh point where it is "worth" grabbing some of teh stock based on the abstract and fictitious concept of "yield"....though I am not complaining.

    40 cents is my worthless prediction.
 
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