Post by
prelm01 on May 13, 2022 10:42am
Why isn't it trading at $0.40?
Does anyone know if there's some restriction on this that I've missed? From my understanding after reading the release, there was no mention of an ex dividend date. Presumably if someone were to buy now at $0.35 and hold they would get an additional $0.05 in profit provided everything goes as planned, wouldn't they?
Comment by
CerealKiller on May 13, 2022 10:45am
There doesn't appear to be a cutoff date but it's not at 40 cents due to capital gains tax that would need to be paid. There's not a lot of winners in this play.
Comment by
juspam1 on May 13, 2022 10:46am
May 12 was not the cutoff date we are the 13
Comment by
CerealKiller on May 13, 2022 10:48am
Wrong m it doesn't say that. It's just saying the value premium as of that date. If that were true it would be at 35 cents now genius.