Sell @ $1.015. Take a loss (buy @ $1.04 on Jun-11) but should have a tiny profit after having collected 3.13ct DPU before. xd on 7-Feb (Tue) and since I have quite a lot here, decided to try and see if I can buy back at a lower price after xd (high chance it may not work this time round though, as market is bullish). Will likely sell some more (those bought @ $1.04) if it moves up some more on Monday and/or Tuesday after xd (if drop less than DPU = 4.69ct). 🙂
Main reason for all these selling is that Yield = 7.7% @ $1.015 is not that attractive to me now as there are quite a few alternatives. Main attraction here is the zero debt but won’t be surprised if they do an acquisition soon as it’s been 1.5years since they listed. May not be such a bad thing to do on a bull market though…