Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes, but I still find it odd. This time last year it was in the 3’s and not a lot has changed. Ok, special div is a bit less but I was hoping we’d climb back to 2.7 ish before ex div. Happy to hold for divi but my only concern is, it is a long summer and not much in the way of news to push it up.
It’s very odd considering price now is higher than it was yesterday and today is ex div. The drop to 2.16 ish appeared normal on ex div day but it usually stays at a lower price for a while and not half a day. I don’t really understand it, but I did top on the low to bring average down. Happy to hold on and see if it goes back up to the 2.7 area.
Could well be that’s what’s going on. Seen it before on other shares and when they are in need of stock to fill orders etc. Just a bit of a surprise before ex div and I wondered what’s gonna happen after ex div.
So 2.50 yesterday morning and now 2.28. My break even was around 2.30 after having to average down from the autumn. Should have sold sigh.... Kind of losing patience a bit with it. Anyone know why the drop before ex div in May.
Like you said I have a feeling the 2.0p level might come round again especially as the share price seems to have stalled a bit. Hopefully it will rise nicely but good to cover yourself and especially as the summer months might be a bit slow.
Hard to know isn’t it. Hoping more to go and it will do well. Had to average down from buying last year but now in profit, so hope it doesn’t shoot back down. Business looks good to me and especially with other card shops becoming over priced.
I’m not sure on this as been checking it over. 6.4p for June and then 2.9 for later on in year dec time, total 9.3p. It says 5-10p special dividend depending on results paid on interim which is dec. Is this correct?
Hope you are right old badger with the reversal. To me 1.50 seems way to low for this share but who knows the way it’s gone. With the current rate of the dividend without a special one it’s pretty darn good compared to most shares.
But they still stated that profit will be good just 8-9 mil short of last year. Is that enough to be really worried about card factory? I think this drop is a reflection of a bad rns that people misunderstood. I’m still 50/50 with this share whether to keep long term as most retailers seem to be having a bit of a hit atm, but the divi is still pretty good compared to most.