Sell @ $1.01. Decided to sell as it was intended to be a short term play. 2H10 results were out yesterday and DPU = 3.64ct for Yield = 7.317%. It was lower than my expectation and although the forward prospect seems good, I decided that the yield is a bit too low for my liking especially since FOREX risk (all assets in India) is involved. Will look at it again in 6 month’s time for the next dividend payout. 😀
