TribalHound

LSE:BILL - announces special 70% dividend payment

Long
LSE:BILL   None
Little known LSE:BILL (Billing Services Group) has just announced a 'Special Dividend' which against todays share price represents a 70% cashback to be paid in less than a month.

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 !!)

Comments

when it goes ex-dividend, the price will fall by the amount of the dividend. There is no free money.
+1 Reply
TribalHound jayso043
@jayso043
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.
Reply
jayso043 TribalHound
@TribalHound, perhaps but once the payout is made the share price will open 2.4p lower which will show as a failed breakout and mess up the charts. No chartist would adjust the chart, or find a explanation they would review and move on.
Reply
Great content

Tying to follow but says failed to fetch sadly :S
+1 Reply
sounds good to me! give me a follow back!
+1 Reply
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