Worse thing is I bought the wife's yesterday..lol
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CHI has a dividend yield of 10%???
I would have thought it would be around 6% given its a key piece of infrastructure and all that? Or is there concern that tomorrow we wont be needing jet fuel, petrol and diesel?
And so Mobil sell out 10% below today?
whats up?
Winnie and Shayney want to have a chat.
Mobil can read the room and have left
I think that whatsup
The next question is whether Z Energy (Ampol) with 12.67% and BP with 8.34% follow suit?
The 53.76m share sell-down is a "relatively" small proportion of Mobil's holding, but perhaps a canary for what is to come from the major players.
Major shareholder is able to sell out complete holding, 50 odd million shares, in one hit and the share price sits relatively still?