I suspect the share drop is to do with Appendix 3B. You watch CCL on the 8/5 this year after the announcement of 3B on the previous date(7/5). And again on the 17/6. 16/6 released Appendix 3B. The share price had big dive for about 2 weeks after that. Have you noticed that? I don't think anything to do with the Ex-Dividend Date. Even the company reply to ASX about the Ex-dividend effect was not true. I think Appendix 3B will lead to dilution of the share price, causing the share price drop for a few days. Anyone agreed with me or have better ideas?
So I know now it is not wise to buy straight after the release of Appendix 3B. Thanks for pointing out Ex-dividend related point.
- Forums
- ASX - By Stock
- what is appendix 3b & 3y
LNN
lion nathan limited
I suspect the share drop is to do with Appendix 3B. You watch...
Featured News
Add LNN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
Previous Video
Next Video
SPONSORED BY The Market Online