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2,625 Posts.
279
02/02/11
21:17
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Id say there will be a fall.
Would like it limited to be at around 6c on the day after.
No reason to think that it won't be temporary though but yes definitely a fall to be expected.
My strategy with issues like this has always been to either:
1. Sell the day before the ex date realising the nice gain achieved from people bidding it up to get an entitlement.
2. Hold, get the entitlement and wait a month or so for the price to come back to its previous highs.
Whether 1 or 2 is chosen depends nearly entirely on the confidence I have in the company.
Definitely going with option 2 here as I believe this is a perfect set up.
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