DLX 0.00% $9.35 duluxgroup limited

Result was less than expectation, page-9

  1. 16,517 Posts.
    lightbulb Created with Sketch. 8048
    "..added shorts when prices were higher this morning
    now holding more shorts than yesterday"


    @HSP,

    Given the stock has gone ex-dividend to the tune of 11.5c, this means that, effectively, from a the position of someone who has been short-positioned cum-dividend, as you have, the dividend-adjusted price is now 657c.

    Even as a shareholder, I am somewhat bemused by the share price response to the result, so I can imagine how utterly perplexing it must be to you.

    Maybe short some more?
 
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