Well judging by the trades going through at the moment, it looks as if Mr Bot has turned up to buy. Good news if that's the case.
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Well judging by the trades going through at the moment, it looks as if Mr Bot has turned up to buy. Good news if that's the case.
Haha just seen that too. Welcome Mr Bot.
With the lower interest rates again, the cash divi rate on this stock should be found very attractive, even well beyond the $4 mark.
Yep...all the high divvy yield stocks are really going to get extra zing with some including myself speculating that the Reserve Bank will have to unwind all four interest rate increases all the way back to 2.5%, which in my opinion is where it should have stayed all along.
When people are faced with getting 2% on their call accounts holding cash won't look too flash. HLG extremely well positioned.
Even at $5 with the annual cash divi of 30c per share maintained (promosing outlook should beat it, interim already has) that's a 6% cash return alone.... did I just convince myself to buy more??!!!
yeah baby that's fighting talk...you chose your user name well :D
You forgot to mention that at $5 those 30 cent divvy's are fully imputed which makes the gross return 8.33% (6 / 0.72) and all the young chaps and ladies in the cities couldn't give a toss what's happening down on the dairy farm.
Great place to hide from the dairy fallout ?, you betcha !!!!
I couldn't help myself and piled into some more in the low 370's...like taking candy from a baby...too easy.
3.95 close enough to 4 to complete the break out target probably consolidate a bit now I think, divs are good but they have been declining yr on yr so be nice if they can buck the trend and increase the div
Up 24cps on low volume (~500)... Even so, think I missed my chance yesterday to get in at the low 3.70's for now :(
maybe I spoke to soon lol 3.94 now hardly any sellers