4.8p div on 14p? 6 Apr 2009 19:46
2.4p div per annum before the ex div april 21st. 4.8p in just over a yr. Buy backs by directors to get value into share. Also a stake in TMC whos shares are being greedily gobbled by daintree. wish i had spotted these a little earlier but more than plenty in the tank. even now at 14p thats 17.5%.
To get 5% yield (considered good value) gives it to 48p
RAB Capital bought 2m shares in its own listed hedge fund on Wednesday, proclaiming it "good value" after the shares plunged 85 per cent last year, writes James Mackintosh .
"The RAB Special Situations Company, listed on Aim, invests its assets into RAB's flagship Special Situations fund, which fared badly last year."