RIC 0.40% $2.49 ridley corporation limited

Rising, page-8

  1. 10,605 Posts.
    lightbulb Created with Sketch. 26
    Hi Ridge,

    yes I've been sitting out YTL for a little while. No reason to be in it atm as I've posted a few times.

    GTP is more interesting. I've had a few phone calls from people who had bought and not paid any attention to the 30c special dividend announcement then enjoyed the run up and forgot that that premium would be wiped off when the shares went ex-dividend.

    I suspect that is what is behind the strange amounts being dumped now without the market as a whole following the seller down.

    Since I see nothing that leads me to believe there is anything wrong (in fact the exact opposite) this is merely making for great buying since I figure the fair price for the next month is around 90+c and the DRP shares will be issued at around 80+c.

    That makes anything under that an absolute bargain.

    Still, I've been wrong before....
 
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