Buy @ $2.70. I hope I'm not doing something silly, buying at this kind of price! Drop 6ct (-2.2%) today vs STI +0.04% (was in -ve territory whole day). Latest quarterly results shows EPS = 4.78ct and it looks like the worst is over (dropped to 2.49ct in Q110). It's therefore not that worrying now as it looks like they have a good chance to be able to continue paying at least 4.5ct div / Q (now 5ct) for next year (got to see their guidance in Q4). At 5ct/Q, the yield is 7.4% (but drops to 6.67% @ 4.5ct/Q). 😀
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