Sell @ $0.32
The surprise of today… Sudden push up in the afternoon… Looks like the work of professionals, with Buy Q support of >1mil shares + closed at $0.325, using only 1,000 shares. Let's hope the push up continues…
FY15 results are due latest by month end. Am not expecting much from their core M&E biz. Sugar, KTIS & THB had been weak recently and more importantly, their stake in KTIS ended lower in valuations (THB was strong @ +5.3% qoq but KTIS price closed much lower @ -19.4% qoq) for end-Mar Quarter… But, am still expecting min. 1.5ct div as last year or slightly more, from their selling more KTIS from their big stake… 😀