Does anyone here follow HGL.
I believe it's got a few things going for it.
Based on it current share price it seems to be good value, the dividend yeild is over 10% and based on earnings is sustainable on an 80% pay out, which management have confirmed it is their intention to continue that pay out ratio.
the company has been running a share buy back for months which should put a floor of $1.20 under it's share price (eventually). and should reduce the total shares on issue to below 50million.