Better food feeds the mind
I felt sorry for the orange stripy tabby so gave it some of my dogs spare food and it seems to have worked well. It has put on some weight but my dogs are still keen to bite it hard...anyway enough of my domestic pet situation, (my daughter did move out of our flat and left an orange stripy tabby)...believe it or not.
I have the ex divvy NTA at an estimated / projected NTA of $1.53 as at 31/10/16.
Of course NTA has very little to do with it, (QAN is $1.20), unless one is buying below NTA which time has proved to be a very worthwhile long term strategy so I have bucketful's ready to do a Couta1 if the SP ever trades at a meaningful discount to NTA. The negativity is well and truly overdone on here and I tire of it and know the institutions, (top 20 shareholders own 86% of the stock) are really the ones that control the price so endless debate on here matters for basically nothing.
I am happy to hold with seatbelt firmly fastened and I think management are FAR better placed to know what's a sustainable dividend than some of the critics on here.... especially those who hold a short position and a vested interest in talking it down.