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Bullboard - Stock Discussion Forum MENA Hydrocarbons, Inc. SKNAF

"MENA Hydrocarbons Inc was incorporated on May 11, 2010. The Company is engaged in oil and gas exploration, development and acquisition of properties in the Mediterranean and Middle Eastern regions. The Company's current assets include Egypt: Lagia and Syria: Block IX."

GREY:SKNAF - Post Discussion

View:
Post by ricardo135 on Oct 20, 2014 4:14pm

Doc_Drive

Read Recent News Of the Company
Do not be lazy on this one
gl
Comment by Doc_Drive on Oct 20, 2014 4:18pm
Thanks, I did read the last NR... It only says "registered shareholders". To me that is ambiguous. when are you registered? The time of purchase or the time of settlement? purchase != settlement...
Comment by Winny1 on Oct 20, 2014 11:22pm
As posted before, I think you have to buy the stock before October 22 to be entitled to the Sacoil shares. Usually that would be 3 business days before the record date? So by that logic, today's purchasers of the shares are not entitled to the Sacoil shares? But I read somewhere that this applies to cash dividends, not in specie dividend of a property by way of Sacoil shares? Anybody know how ...more  
Comment by Doc_Drive on Oct 20, 2014 11:48pm
Hi Winny, yup that was precisely my question... Thanks for clarifying to the rest of the board!
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