Neratel

[Some-one]

This stock came to my attention when somebody posts it in another forum. I never know it exists. That time, I was surprised that there is such a good stock available. Unfortunately, shortly after that, ST Eng announce a takeover and I decided to let it go out of my watchlist. It is great that now it is back. Looking at the fundamentals, the stock has been paying increasing dividends (one plus point). Looking at some of the posts over here, can I confirm that they would not be giving any dividends for the last FY because the takeover has been voted down? Huge queue of 2000 buy lot at 0.4. At this price, the dividend yield based on FY10 is 10%. Wow....:p but if there is no dividend for the last FY, I believe the price would drop.