CLE 0.00% 0.1¢ cyclone metals limited

sp after ex-div, page-43

  1. 373 Posts.
    Jinla if it is true , you are smart man, why did not share it before.

    Anyway , cfe is good learning for divi stock.

    Ok, If you did buy yesterday and sell today it means your share not registered as it takes three to four days to register and not entitle to div.

    Suppose if some one sold yesterday and he was registered holder. And he may get dividend as it takes three days to move share in registry from one name to other and money is also debited after three days.

    If above is true then registered holder who sold yesterday , has earned double divi. As buy share in low today.

    Please, can someone expert in that area explain it.

    I do not understand why people selling now , if they only want dividend then they get nothing as it down 7 c today. Unless you bought on 0.31c , even, it not have worth.

    one month would take this share around 50 c. not sure but hoping for good. cfe has strong fundamental to move , not speculation.




 
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