I'm not expecting that big a drop so we're looking through different windows. PS-PGW could drop to 49c over the next few weeks which would equal double the divvy amount based on last night's 53c closing price.
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Google dividend stripping and have a look at some of the studies and you'll see that in most cases shares recover their initial drop in price within a few weeks. Might take a bit longer with AIR de to the size of the dividend but the key here in your own words is short term.
Can't remember that in my lifetime mate.
If Air say drops to $1.95xd and 20c share ordinary divvy continues then net yield should see price back over $2.00 in short order
Pgg and Air 2 great dividend plays if rural sector continues to improve will be adding to my Pgg holding.
Agria has a Broker for the repurchase assigned. They will start their 10 Million US$ repurchase.
https://finance.yahoo.com/news/agria...203626564.html
Is there someone invested in PGW with a larger stake, or someone who is a professionell investor or analyst.
I am neither a large shareholder in PGW (just a small one) nor a professional (I once owned PPL and GFF for my sins) but I remain very surprised that there are no analysts out there that cover PGW. Craig's and McQuarie have no one that covers it now. I guess years of disappointment have seen the seagulls go elsewhere. A mate who works high up in the investment game noted that PGW essentially trades consistently to earnings multiples with most takeover speculation now off the radar given Agria's ownership stake. So would need two things for a material lift in SP, 1. A consistent rise in earnings or 2. A full takeover bid by Agria.