Paints not quite dry! Still have a significant holding here and I am trying to keeping back my conspiracy theories. In the mean time I genuinely think there's still opportunity in SYN who's boss is in India trying to do a deal, little to lose potentially big gains. It has risen 45% in the past 5 days but still has a way to go I believe if he pulls off a deal.
I am still here for some reason watching paint dry. It's interesting that a company like ESNT have debt, but just sold a business and are handing out a massive ~12.9% divi next month on top of a share buyback, Mitch take a note please!
RE: Special Dividend + Share Buyback14 Feb 2023 14:56
Hopefully we'll see a gradual rise of another ~7% up to about a week before the 17th March and with such a large dividend as this it will then drop like a stone. But I am banking on the rise between now and the 17th to mitigate the fall.
The reason this is low is you have at least two institutions wanting out but thy fail to see that IOG even as it stands, has a reasonable income that values it far greater than the £24m this sp suggests. It can only get better.
Still think there is dumping going on :( These will show up later no doubt like yesterday. They are being soaked up nicely and as soon as they stop....... Turnover this year if nothing else happens will be ~£150m based on 150p per therm? Gotta be worth something!