How often, when the world is going crazy, and prices are literally in free fall, do you ever get an opportunity like this ??
AIM listed - with Net assets of + £16.5m and a limited supply of less than 165 million shares they have to be worth more than the 3.5p per share they are currently trading at.
On paper 3.5p per share - and a dividend of 2.4p per share in just 4 weeks - makes them a proper steal right now......
...... but don't delay - they go ex-dividend on 2nd April !!!
(Don't forget to give me a thumbs up if you like the idea of free cash right now !!)
Totally get that, which is why I drew the Special Dividend line.
Anything above that represents the the ‘real share price’.
The reality is it will continue to rise now - more than likely to fall below that line and find a new low.
Those who bought months ago, before the announcement will still effectively be getting their shares paid for - no reason to ever sell given this isn’t the first time this penny share has made a payout.