By extending the div payment date it basically adds the divi value to the options for an extended period. Given these options are one of the highest geared plays on the ASX (now in the money) WAXO should be going gang busters. Say a 10% increase in WAX -> 12c (600%) change in WAXO
WAX Price at posting:
$1.21 Sentiment: Buy Disclosure: Held
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