Likely to continue to trend lower!
It has been sold down from $13 to close lower at $9.25 last Friday, looks like the patience for those looking to collect is worthed waiting for!
NAV $14.274
Yearly dividend of 30 cents.
Yield is 3.2%.
Short term wise, looking at the rate of selling down, a temporary rebound may Likely happen. But it may get freezer off again and may likely continue to slide down to retest the major support level at $8.30-$8.50 level.
Not a call to buy or sell.
Pls dyodd.
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