Someone recently recommended that you sell all your shares at the close the day prior it going to Ex Dividend and then buy back all your shares the next day at price a lot lower than the dividend paid.
Example sell 100,000 shares at $4.90 at the close on Monday .
Buy back 104255 shares at $4.70 on the open the next day when it goes Ex Dividend .
I am not sure about this strategy, what do you guys think ?
- Forums
- ASX - By Stock
- PLS
- Ann: Dividend/Distribution - PLS
Ann: Dividend/Distribution - PLS, page-164
-
-
- There are more pages in this discussion • 119 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B |
Open | High | Low | Value | Volume |
$2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 314863 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.91 | 20820 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 314863 | 2.880 |
2 | 149273 | 2.870 |
5 | 163973 | 2.860 |
1 | 149273 | 2.850 |
5 | 213555 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.910 | 20820 | 2 |
2.920 | 192607 | 18 |
2.930 | 120871 | 19 |
2.940 | 508163 | 24 |
2.950 | 330238 | 32 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online