NZ Oil & Gas (NZO)

[Balance]

Snrs.
Please no forget that the only finds NZO has were under TR direct lead. No more since. Good yes.

LOL - and who do you think really controls and directs NZOG from behind the scenes?

Just ask Gordon Ward and David Salisbury.

[777]

Record date Friday?

Record date is always after the ex date.

[Queenstfarmer]

777...is the record not the last day to be holding shares to still receive dividend? I guess that was my question.

[digger]

777...is the record not the last day to be holding shares to still receive dividend? I guess that was my question.

+What happens is that with all the heavy share trading it takes a few days to sort out who has what so the xdate comes first then the record date a few days later.

[Silverlight]

777...is the record not the last day to be holding shares to still receive dividend? I guess that was my question.

99.9% of all trades settle on a Trade Date + 3 days basis. If you buy shares today (Thursday), the trade does not settle until Tuesday next week.

Tuesday next week is when the your name is on the register at the registry. Therefore if the record date for a corporate action (ie a dividend) was next Tuesday, the last day to buy the share to receive the dividend would be today, and tomorrow would be the ex-date, as if you bought the share tomorrow, you won't be on the register until next Wednesday, and when the registry read their list of current owners on Tuesday, your name won't be there.

Clear as mud?

[Tyro]

Better not to reply at all. You'll only encourage that spruiker.

Right on Brucey09! Good to read a balanced response to 'Un Balance's' vituperative drivel. Goodonyamate!

[Balance]

Better not to reply at all. You'll only encourage that spruiker.

Oh, how hurtful!

Considering yours truly here correctly warned all about Pike River and now, has contributed to TR departing the scene as Chairman.

Thanks will be enough but a Guinness stout is better!

[J R Ewing]

LOL - and who do you think really controls and directs NZOG from behind the scenes?

Just ask Gordon Ward and David Salisbury.

not much point asking GW - he ain't talking!

[LIO]

Oh, how hurtful!

Considering yours truly here correctly warned all about Pike River and now, has contributed to TR departing the scene as Chairman.

Thanks will be enough but a Guinness stout is better!

Balance, can you please show us the post in 2010 wherein you warned us that an explosion at Pike River was likely to occur ?

[Balance]

Balance, can you please show us the post in 2010 wherein you warned us that an explosion at Pike River was likely to occur ?

Just go to the Pike River coal thread - warnings about the gross mismanagement, costs over-runs, technical stuff-ups, delays etc etc etc - all indicative of everything wrong, and as well as the cg (coal gas) count are all there, matey.

There are none so blind as those with eyes but will not see.