CSR currently are in heading down south and good playground for shorters. Csr has been short sell for the last week and average 10% of the total daily volume per day. So shorter will keen to push the price lowers. Plus possible another major holder is existing the stock.
My questions are what will be theprice impact on the 43.5 cents capital return? Will it be behave just like a normal div which would rise before ex-divi and then drop. Or would it continue to drop to compensate for the 43.5 cents return?
CSR Price at posting:
$4.83 Sentiment: None Disclosure: Held