Not quite. KFL went Ex the bonus issue (i.e. the warrants) on the 5th of March and so holders needed to be long KFL by close of business Wednesday the 4th to receive the KFLWF. KFL on the 4th closed at $1.65. Everyone buying yesterday up to $1.70 is just participating in a fools rally - they will however be entitled to receive the 3.24cps div as that goes Ex on the 12th of March but they're paying a reasonable premium to get it. On Monday KFL touched $1.50 and yesterday $1.70 - interesting to see where it heads next week.