RE:RE:Unpaid Common DividendI'm open to being wrong. but at the time they decared it and the ex-div occured, it was illegal. The capital conditions were met to make it "illegal" at those dates. Does it show up as a liabilty in the financial statements or the notes? I admit I haven't looked.
Are the common dividends payable to the shareholders at the ex-div date or the new shareholders at the time when they pay it? If its the latter, it's not a true liability. It will be like any other special dividend or "inclusive" of the liquidation. Please correct me if I'm wrong.
Thanks.