PBH 2.21% 69.5¢ pointsbet holdings limited

why on earth would the stock fall below $1.40 BEFORE they pay us...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,486 Posts.
    lightbulb Created with Sketch. 507
    why on earth would the stock fall below $1.40 BEFORE they pay us $1.40???
    From a share price perspective it’s the same as a dividend. The stock is cum a $1.40 div. But if you don’t hold it til the ex date you don’t get the div.
    I don’t know how to explain it any clearer than @Illicit stated above.
 
watchlist Created with Sketch. Add PBH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.