Just thinking this dividend including the special will be more than some smart investors paid for their shares before Aunty Helen stepped up to the plate.
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[QUOTE=Paper Tiger;635861]That would have been before the share consolidation (Monday 23rd August 2004).
The cheapest the current shares have been on market is $0.75 on the 3rd, 4th & 6th of March 2009.
Oh to have bought some then, eh!
Even better to have bought them for around 90 cents in mid-2012 after making good gains in other stocks for 3 years post the GFC lows in March 2009.
Isn't hindsight great! I only got on the train around $1.65 in late 2013 and happy with the divi's paid since then...
Well that will depend upon you definition of cheap :).
I have no idea what the company was valued at, by those who job it was to value them, at that time.
But if we assume that my valuation curve posted earlier is correct (and why not) then tomorrow ex-div it has a value (determined by what seems the most logical method to me) of:
$2.192
on it's way to
$2.407 next 30-Jun.
Best Wishes
Paper Tiger
Picked my 87 year old Mum up from the Airport today after coming back from her brothers funeral in Dunedin. She needs wheelchair assistance these days. I asked her how AIR staff treated her. She said they were really lovely and caring and really looked after her both down a few days ago and back today. AIR staff made me proud to be a shareholder today.
Good to hear Rodger, I have found the domestic staff amazing..not sure why that doesn't always translate to the international crews...it like two cultures actually.
Whoa - where did all those buyers just come from.......
Tired, can someone please remind me when the dividend payment date is ?