Got into GLI Gold Link IncomePlus recently as a div play/risk reduction play. They make money on fluctuations in gold price via complex derivatives. More volatility in gold means more money for them. They recently had a capital raising which should mean more money to invest and in turn (hopefully) higher divs and higher liquidity as more shareholders now. If anyone knows how to work out their current payout ratio let me know. See announcements for div policy. I enter low so that I can take advantage of rise into ex div date so it can also be a short/med term play instead of being a long term risk hedge. With an expected correction in the AllOrds this may be a good one to hold to smooth things over.
Here's the chart, the pattern suggest this'll recover over the next few weeks and return to the mean around $1.12. Currently at $1.08, appears to be a recent bear trap so I expect rises in sp to normal levels.