RE:RE:Didn't work did it. You're way off on this man. To be a shareholder of record you have to own shares 2 days before report date (so July 27). You can turn around and sell the next morning and still get paid.
As for moving on to another play, shareholders had all day today to do that and it still closed on the daily high after a juicy gain. While CJ may be due for a bit of a selloff at some point next week, it won't be huge in my opinion. Educated investors know what's coming.
MohelJFox wrote:
Today was lock in day, you ditch it you lose the 5c per share coming on the 15th. Nice strategic timing in my opinion.
Expect Tuesday to be red, as the flippers head over to another producer that hasn't reported yet.
Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) confirms that our July dividend of $0.05 per common share will be paid on August 15, 2022 to shareholders of record on July 29, 2022.