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PR Newswire
25-10-2012, 11:32 AM
Share price has stabilized at 80.0 cents recently giving rise to a dividend yield of 10% for FY 2013 (annualized) and FY 2014. The real dividend yield (excluding sponsor waiver) is approximately 7.2%.
The management has been buying shares from open market post IPO -
1) Hwang Sydney Michael purchased 0.5 million shares @ $0.890 and 0.2 million shares @ $0.770,
2) Gurpreet Singh Dhillon purchased 0.3 million shares @ $0.775
3) Ravi Mehrotra purchased 1.0 million shares @ $0.80875
4) Malvinder Mohan Singh purchased 0.5 million shares @ $0.8075
(Not Vested)
The management has been buying shares from open market post IPO -
1) Hwang Sydney Michael purchased 0.5 million shares @ $0.890 and 0.2 million shares @ $0.770,
2) Gurpreet Singh Dhillon purchased 0.3 million shares @ $0.775
3) Ravi Mehrotra purchased 1.0 million shares @ $0.80875
4) Malvinder Mohan Singh purchased 0.5 million shares @ $0.8075
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.