CLE 57.9% 3.0¢ cyclone metals limited

sp after ex-div, page-73

  1. 373 Posts.
    Hi Guys,

    Perhaps I need to go pre-school after posting it lol
    As I understand from mundy post that if one bought on 23 and sold on 24 then it means that share not registered yet as it takes three days and would not come on company register as previous owner (23rd). and who bought it on 24 may get div as it takes three days to register and by 30 record 5 pm , it would be registered.

    By theory , you guys are right that one should buy before ex div date to entitle the divi .but if practically, it is happening then you can say there is a dodge way and ASX need to look on that. As Jinla said (if it is true ) that he got the div by this way , it means practically it happening, and we all should try with small amount next time .
 
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