why sell pre dividend, page-4

Hi,

With a divy of 4c and a sp of 30c that a 13% return in just two months. Giving that bjt's net cash inflow for the last 6 months was greater than the divy it is unlikely that the divy would be cancelled (unless they kept the money to pay off bnb - in which case they could keep my divy).

BNB aside, if you take the 4c divy off the sp, the net price is 26c. Over the following year (from Feb 09), the divy may be around 10c giving an annual return of 33%.

Of course, I could sell my shares and put the money in the bank and earn 5% over the next 14 months. Hmmm, what do I do?

Relexivity