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SDI - SDI LIMITED


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Share split approved at AGM.Chairman stated "-----The Board is considering various capital management programs to ensure that the dividend payment ratio is maintained and the Company's shareholders are appropriately rewarded,such as,restructuring its future dividend payments to include a dividend reinvestment plan in the form of a special dividend payment-----"
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In reply to: oracle on Monday 08/11/04 03:05pm

oracle

Yes,has been going well as SDIDA and symbol reverts to SDI on Tuesday 16th with transaction confirmation statements being issued on 15th.

The Board didn't play around with low ratio splits and went straight to the 5 for 1.

The split will certainly increase the number of shareholders in time.In the meantime will be interesting see what their policy will be regarding any special dividends.

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Have no idea why the drop, but for it to be finding support at 116/118 area is good chartwise.... and its been here since the 18th ... so be waiting for it to show some strength and possibly jumping in

 

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