Quote Originally Posted by Lewylewylewy View Post
They'll be $28 after the dividend if the current price holds. I can't see them going below $26 on the royal commission results. It'll be great buying at some point (double your money in a year type stuff), but until then im happy with my current strategy: buy below $30, sell above when its in profit. Enjoy the dividend if it takes a while to get back into profit.
I decided to buy in last week when they dropped below $30. At current price they represent a >7% dividend yield if they maintain previous dividend rates. Will look to add to my position on further dips.