Why would you sell just before a div is about to be announced?
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Why would you sell just before a div is about to be announced?
after 6 down days in a row a relief to actually see an up day today
Back to high 600 just as quick as the fall
Top up some today :)
Buyer is comming back Matching all the selling side at 6.06 today and end up rising looking to recover fast
Why wouldn't you if you think a stock is fully valued?
Not unusual that "fully valued" stock drops ex dividend more than the value of the latter - and hard for big holders to sell when everybody else its trying to get out as well (liquidity). Maybe the sellers just anticipating a rush to the exit and trying to preempt that?
Obviously - only history will show whether buyers or sellers have been right this time;);
Before buying THL, I would rather wait for the FY report, looking to see is the dividend being paid by their earning, or the company have to take more loan, just to keep up with the dividend.