they may as well sell it today at 40 if they bought it at 35..make their 5c gain which is equivalent to the div.
why wait till tomorow if it gonna drop to 35?
doesnt make sense to me. why not get ur 5c now instead of wait for tomorow and till aug for the 5c div.
yes, market could get weaker but i sure those long term holders aint gonna sell for couple of cents drops. history show once share go ex-div, they tend to go back again.
anyway i got enough for now. 150k in total.
BJT
babcock & brown japan property trust
propped up sp, page-5
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