I'm pretty sure you have that wrong. Ex-div is tomorrow. Therefore, those wanting the dividend need to buy today
Your correct noodles buy today or miss out record day comes after Ex day. To clarify record day is the day your name must be on the register to receive the dividend but in order to be on the register you must buy before Ex day which is tomorrow
Your correct noodles buy today or miss out record day comes after Ex day. To clarify record day is the day your name must be on the register to receive the dividend but in order to be on the register you must buy before Ex day which is tomorrow
A 4.5c dividend represents 12.5% Gross Yield. Buy today and hold till the next dividend in six months and your gross yield is 25%
For a hound, that is quite intoxicating!
True. However looks like that all these hounds are already too intoxicated and forgot the hunt for the booze. Current depth shows 850k bids (@ avg 49.2 cents) and nearly 2.5 Million asks (at avg 52.8 cents). Does not look like a pre-ex-divvie spike to me. Funny share - just wondering what the price will do after today - 45 cents anybody in response to the hangover?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
[QUOTE=Roger;563276]The dividend hounds will be in full cry today [/QUOTE) This divvy hound just grabbed another 74k shares at match price of 51c didnt want to get into a dog fight all day waiting in a big que
A 4.5c dividend represents 12.5% Gross Yield. Buy today and hold till the next dividend in six months and your gross yield is 25%
For a hound, that is quite intoxicating!
DISC: Not a hound
....dunno how you figure that one Noodles. This next divi is 2c......thats around 4%.......the next one in 6mnths is , well let me think.....no-one knows..... please give some detail to your 25% claim???
True. However looks like that all these hounds are already too intoxicated and forgot the hunt for the booze. Current depth shows 850k bids (@ avg 49.2 cents) and nearly 2.5 Million asks (at avg 52.8 cents). Does not look like a pre-ex-divvie spike to me. Funny share - just wondering what the price will do after today - 45 cents anybody in response to the hangover?
45c? maybe.
It is worth noting that the average broker target is 56c. (low 52c, high 59c)
True. However looks like that all these hounds are already too intoxicated and forgot the hunt for the booze. Current depth shows 850k bids (@ avg 49.2 cents) and nearly 2.5 Million asks (at avg 52.8 cents). Does not look like a pre-ex-divvie spike to me. Funny share - just wondering what the price will do after today - 45 cents anybody in response to the hangover?
Then again it may do what spark has done before and just sit at today's close price minus 2c for a few days and then climb back up.Glad I was an early bird looking at the number building at 51c.
Originally Posted by see weed
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