Wouldn’t it be $50 cash. .45 shares and .05 cash? That’s 10% of 500. Either way I don’t think I’ll buy in today for more than 3 buck. Since 2.5 seems to be an expected return after div date
KingWavey
Bullish
@Tr8stock well I don’t think you will get $500. My understanding is that you have 2 options to get dividends 1.) by cash or 2.) stock, if you don’t indicate which one you will get both (90% shares + 10% cash) therefore if you buy 1000 shares 1.)and you want cash only, you will get max $0.05 per share = £50. 2.) If you choose to be paid in shares you will get the value of shares @ $0.50 meaning 1000 x .50 = 500/$3 (if the share value is $3 - it could be more) = 166 shares. However if you don’t select an option you will get 90% of 166shares = 149 + 10% cash of 1000shares @ $0.05 = 100 x 0.05 = $5 Unless I’m mistaking- Someone please tell me I’m right! Lol 😂
View original message
  • 1
1 Like