theory on ex-div dropIt is quite amazing to have this kind of drop and right on the ex-div date and then to have it repeated time after time. Definitely doesn't make any sense as to why someone would hang on the day before ex-div date and then sell on ex-div date for a price way lower than the div amount.
This makes me think that this isn't "human" logic so my theory is that it is another case where these automated algorithms are totally f*cked.
Ciao
Sarge