31-03-2013, 11:08 AM
next week will be interesting for New Toyo. it might experience massive dumping if investors think that the special dividend has already been priced into the current market price...
Price will drop by the amt of special dividend. Then when special dividend is declared, it will trade up by the amt. At the ex-dividend date, it will drop back again.
Investors should never forget the fact that "Paying out special dividend from existing NAV is self-depreciating" !
Price will drop by the amt of special dividend. Then when special dividend is declared, it will trade up by the amt. At the ex-dividend date, it will drop back again.
Investors should never forget the fact that "Paying out special dividend from existing NAV is self-depreciating" !