Sell @ $3.82, $3.83
Sold a fair bit of my holdings, some at a loss (but Net Profit when balanced by the profitable ones). I didn't quite like the reduction of Dividend Payout from 90% to 80% for FY13 and a further reduction to 75% for FY14. This translates to a Yield of <4% unless prices drop below $3.75. With such a low yield, I'd expect some growth to make it a feasible buy and hold stock. I have therefore decided to adopt a wait and see approach ie. wait for their Quarterly results to show the growth… I may buy back again to average down the higher priced ones, to sell before it xd… 😀