WLL 0.00% $6.70 wellcom group limited

Seems the price jump leading to the ex-div date 01/03 was mostly...

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  1. 860 Posts.
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    Seems the price jump leading to the ex-div date 01/03 was mostly due to the fully franked special distribution

    Price was pushed to $5.3 at one stage, after the ex-date, it dropped and settled around $4.5

    The value of FF distribution = $0.35 (div) + $0.15(FF) = $0.5 though

    Would have been a good arbitrage if someone sold back in Feb and buy the share back now...
 
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