Not any more.Do you really believe the dividend will be maintained after this profit downgrade? if they do they are nuts. The dividend yield means nothing at this point in time in my opinion.
Not any more.
This share had topped $2 on take over rumors not too long ago So I still believe that they are oversold.
Still might take a while to get back to even $1.
.
Hovering around the 37/38c market for a long time.
Broke 40c yesterday... is this an uptrend about to start?
You'd think so.In a trading Holt pending an announcement, read it is to do with a "change of control" type announcement ?.
What does this mean ?, a takeover of some sort.
Any ideas
Both monthly and daily charts indicate a close watch of FUN may be necessary.
I do not own FUN shares at this point in time.
rhen
Date: 4/7/2008
Author: Sue Mitchell
Source: The Australian Financial Review --- Page: 55
A proposed takeover of Australian-listed Funtastic Limited is uncertain. Privateequity firm Archer Capital acquired an 18.8 per cent stake in the toydistributor earlier in 2008, although there has been a dearth of information onthe proposed buyout in the intervening weeks. However, toy manufacturer NirPizmony, who is part of Archer's buy-out syndicate, notes that it can oftentake some time to complete due diligence. Meanwhile, the Australian toy industryis banking on the mid-year sales to boost volumes, although Pizmony notes thatthe rising oil price is having an impact on makers of plastic toy products
Dunno but the SP has fallen so far that a 22mil Capital raising almost will double their market Cap.Any funtastic fundamentals worth fundamental consideration for fun?
http://business.theage.com.au/business/nsr-lifeline-keeps-fun-in-funtastic-20090219-8ckx.html
Interesting to see who one of the owners is. But is the latest situation a positive step for Fun?
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