Buy @ $0.40.
Also got some more at $0.395 during 5pm matching.
A new stock to my portfolio, was not even in my watchlist! BUT, I was following the recent news as STEng (I am vested here) had made an offer @ $0.45 (inclusive of a 6ct Div if successful) via a "Scheme" which failed during voting last Friday. Since 'Scheme' is not approved, then no Div = 6ct which may explain the 5ct drop.
From VB forum, those who'd been shareholders of NeraTel for many years, had posted the good 10% Yield (based on last Div = 4ct), high FCF and almost zero debts, which fits what I look out for in a stock. It's however not a growth stock. Hence, the hasty decision to get vested today. I won't be very surprised if they announce a Special Interim Div for 1H12 (Jun) of 2ct to 4ct as their Cash = 14.93ct / share looks very healthy! Wish me Luck! 😀