I insist on the AFR. But we would have to meet in a chat room...

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MilliBuster

677 Posts.

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18/05/16

14:41

Post #: 17802422
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Originally posted by Eclectic_nish ↑

Hi,

Application of Dividends,

Holders of CitiFirst GSL MINIs do not receive any Dividend paid on the Underlying Parcel. When an Underlying Parcel commences trading “ex-Dividend”:
1. the Strike Price decreases by the Dividend amount for both GSL MINI Longs and GSL MINI Shorts;
2. the Guaranteed Stop Loss Price decreases by the Dividend amount; and
3. the market price of the Underlying Parcel may adjust by more or less than the amount of the Dividend.

Please check out the PDS at the link below and in particular page 15 for an illustrative example and then page 13 for a table that describes the positive relationship between strike price and Mini Short i.e. Decrease in Strike resulting in decrease in Mini Short price.

Im also learning and not fully across it but happy to lend some assistance.

https://au.citifirst.com/EN/Products/GSL_MINIs/MACQUARIE_GROUP_LTD/MQGLOY/

P.s. No need for an AFR subscription

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I insist on the AFR. But we would have to meet in a chat room somewhere on the internet. If you can find such a chat room then I will meet you and to show my gratitude will give you the subscription. It is a fair trade. The balls in your court. So get back to me with the chat room adress and ill keep checking back. Dont feel bad. I have it already to go and you walk away never needing to subscribe again. I have a network of connections and one in particular has already given me the subscription.

Last edited by MilliBuster: 18/05/16

MQG Price at posting: $69.73 Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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