AJ... probably best you don't buy then! Of course, you might like to consider shorting MCRO but after this week any real incentive to do that surely has vanished ( boat has been missed!).
The share price is the share price and you are suggesting it's too high...good job you didn't invest last week!
Perhaps you might wish to consider tracker funds, investment trusts or ETFs?
Hopefully this will allow Debbie & Co to sort the main issues out and it's about time they closed down the last remaining EfW issue. I continue to hold (even though quite a bit underwater) in hope of better days and an eventual return of the divi (was that a Hobbitt film?).
Hi RKB
The lemon fool HYP board is good for keeping the dividend hunters on the straight and narrow and there is little tolerance for the rubbish you see posted on some of the bulletin boards ( ADVFN)...most of those posts would be tagged and deleted. There is no ( zero) tolerance on bad language etc etc. You'll get straight answers over there with no edge.
This is clearly being shorted but I reckon that the shorters will regret it! Talk of a RI is, imho, nonsense. Look at the financials. EBIT is a tad over 4 times debt so debt is pretty well covered.
Look at the cagr on dividends over the last 10 years ( well over 20%).