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Online Share Trading

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Weird?

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klapka
Super Contributor
Friday traded around 121 cents. Today entitled to a 32.3 cents dividend and it's selling at 78 cents.
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4 REPLIES 4
Russ
Super Contributor
I think the special div was 38c.
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rsalie
Super Contributor
also, ppl didn't like the latest results.
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klapka
Super Contributor
My point is - all that was known Friday and there were plenty bidders around 121. Nothing has changed over the weekend. Why leave it until today, take a 15% knock on 31% of your investment and then sell at a discount?
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mullet_fish
Regular Contributor
LDT in order to receive DIV - Friday - buy at 121, today is 80c - 41c "loss" then offset by 38c DIV i.e. 3c loss...the bidders on Friday would know div was coming...
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