RE:RE:Why the strong returns today?Hey Sarge!
So far ... so good ... no sign of Armaggedon on the SOBO share price front ... they reported the first Q dividend last night at US0.50 (as per their prior signals), and it seems people are buying more now that they are confident in the 8%+ yield on offer!
While I always respect your opinion and analyses ... I was quietly hoping that your thesis about SOBO share price dropping post 07 Nov would not prove to be true!
Of course, I acknowledge that they have not yet issued their first Q report ... and I'm not even sure when that is targeted for.
Fingers crossed ... cuz I have a nice position established in SOBO now ... and given that Trump had a "Drill Baby Drill!" chant associated with his campaign, I think the macro environment in the US should be much more favourable for SOBO going forward (than it would have been under eco wacko Harris)!
Cheers!