CLE 0.00% 0.1¢ cyclone metals limited

'REEDERGet out your calculator and have a big feed of fish and a...

  1. 131 Posts.
    'REEDER
    Get out your calculator and have a big feed of fish and a common sense pill.

    You are looking at 3.3 cents gain at 1300hrs over buying FPO, and risking not being able to get the divvie if any of the clerks stuff up, but only the return of capital. If "Murphy's Law" prevails then this will happen the you will be way behind.

    CHECK WITH YOUR BROKER AS IT IS PLAIN THAT THE SHARES WILL BE TRADED EX DIVIDEND on 14th. (NEXT TUESDAY)

    Consider a second approach - wait until the "financially challenged" get their divi and then offload. Better long term investment
 
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