Dividend S$0.55. At current price of $6.58 its about 8.4%. Where on earth people can get this type of return. What is the issue? Why market is not grabbing this share? Are they afraid of Delong's fast behavior? Did Delong give this type of dividend before and what was the motive?
Dividend S$0.55. At current price of $6.58 its about 8.4%. Where on earth people can get this type of return. What is the issue? Why market is not grabbing this share? Are they afraid of Delong's fast behavior? Did Delong give this type of dividend before and what was the motive?
Reply to @jinweiilee : The only big investor Evraz is out of the picture. Do you know what happened to the Vard's long time minority shareholders?
Nice article, I read about this too.