daytrade diaries... wednesday, page-335

steven couple of thoughs before I stop trawling through these posts.

Diluted value probably $2.06 - being $2.57 plus $1.55 divided by 2 as its a 1 for 1 offer.

The record date being the 8th I am pretty sure means that the shares need to be in your name on that date so you would to have purchased prior to the 5th.

The markets usually have a big sell off before pople realise that its oversold and jump back in - I am looking for a $1.70 entry and hopefully out of half at $2 and save the remainder for a rainy day.

Cheers