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Usually July and payment in August but I don't know this year's dates. Depending upon the success of their advertising campaign, there could be a substantial price change but it won't be overnight.

IMO this company, known to just about everyone, isn't finished yet. Even its present price is well below its potential. I think the surprise is that it fell so low although the speed of the bounceback is remarkable compared with the way it fell from grace.

Just looked at my dividend certificate of June 2004, 2.6 pence per share. The share price fell drastically without heavy selling. There may be many who, like me, have held Avis for years and come to see the chance to increase holdings at modest outlay. The business isn't just leasing cars, there is a lot more than that. No dealer buys cars in such large numbers or gets as much discount. Many, maybe most low mileage used cars are ex-rental, it's possible to buy a car, never rent it and still make a profit. At the very least, this will be interesting share to watch if not to buy.

Well it just did and that's been the story for a while. My own view is that as I can't see any desire to sell despite a threefold price increase, will it continue to rise all through summer to, say, half its price a couple of years back.