Homeland Nickel Inc V.SHL

Basically a wash

[goldanalyst]

Down 16% post dividend

About what you will gain in CNC shares

Not sure why management just doesn't keep the rest of the shares until they have something else to underpin the company. People invest here because of SHL's leverage to CNC's performance

[jerolapi]

But the people buying this week will still get the CNC shares as the annoucement said that trades executed during the due bill period will be identified to ensure purchasers  will receive the CNC shares.  I have bought a bunch more.  Trades that are executed during the due bill period will be identified to ensure purchasers of the shares receive the distribution.

[goldanalyst]

interesting...missed that....so that means we are likely to drop even more post dividend date...my point  is in this market I don't think declaring a dividend will do much for the SP...might actually drop further than it would have had they just kept the shares...hope they keep the rest of the CNC shares (Approx: 5,000,000 shares)

[Shwayjao]

With the recent run up last week, I sold my entire holdings (bought only for the CNC shares) at a bit of a profit and I can buy the CNC shares I would have gotten from the dividend on my own ($3.00 average). The fact this will go down to .10ish after actual CNC shares are given/allowed to trade was the reason to sell last week (for me). Hopefully longs here make money, it just won't be me

[goldanalyst]

many on this board are up 100% + I wouldn't worry about SHL investors  as you leave 

[Shwayjao]

I never worry about other investors' money choices. I also don't wish ill losses on any investor, as well. I'm happy to be out, as you are that I am. All good then, eh.