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As long as ed does the right thing with the cash and a forward looking statement with his plans going forward all good. and the good thing so far he is using the cash to help shareholders which he is one anyway. as said all pretty good at the moment.
Yep. that is right. you must be a shareholder on the 26th to get the dividend. that is what i am saying. ed has played a blinder. so no good selling on ex dividend as you will not get the dividend, probalby not a good idea to sell on the 29th as shares will probalby have gone down. but buying cheap shares on the 26th and holding what you have gets a bigger dividend for you and cheap shares. it is clear to me.
Midas. yep . it is not a full 3 trading days. but we know what it is like . shares can be down 10 percent on opening on the 29th. not saying it will but that can happen. and if many start selling on opening on the 29th it would be 3 down days since ex dvi on the 25th. and 3 down days in a row we know these shares can drop alot.
So is the share price going to move up a fair bit in the next week with ex dividend coming up. i still like my idea. we all buy in on the 26th april sending the share price up after it gets hit on ex dividend day the 25th .
midas. look at this. so it drops on the 25th ex dividend day and the drops the day after on the 26th. that is what is likely to happen. but if we all pile in on the 26th and buy more shares sending the share price up and we get more dividend after buying more shares because the cut off day is the 26th. you could not make it up. if we all dit whoosh and more dividend money. who the **** knows. lol.
Here is another thing. so it drops exdividend day and the day after which is the 26th april. but you could buy in at the lower price on the 26th and still get the dividend. unreal. so play your cards right and work it out. maybe we all buy more shares on the 26th april. lol.
Midas. i am not sure. i may buy more ex dividend with a good outlook from ed but i think i will be holding anyway. i have a low average under 3p and will get the dividend. it depends what ed plans with that other 4 million plus etc before i decide what to do. but one thing for certain. ed has played a blinder by saying ex dividend is on the 25th but you must be on the register on the 26th to get the dividend. it means they will not be able to sell till the 29th. lol. that means 3 trading days before they can sell. i know what you mean . people turning up talking crap of how they are going to hold but will sell on ex dividend day. however it is not going to be that simple when you look at the dates.
The shares would have to go up alot in this next week to cover 2 down days and infact into a 3rd day before they can sell. most newbies have bought between 2.5 to 2.8. if the shares drop to 2p with a large spread by the monday as you say they will end up with losses but will get the dividend. but that is not that good compared to holding for hopefully a rise in the coming months.
But the shares will have gone down over 2 days. and hardly anyone bought in at 2p. they jumped in on the 20 percent move up the day of the announcement with a big spread. ed has played a blinder. most will have bought at 2.5 to 2.8.
Seed have played an absolute blinder. they will not be running anywhere. you have to be on the shareholder base on the 26th april to get the dividend. if they sell on ex dividend on the 25th april they will not be getting the dividend. very clever of ed. so holding for profits after the dip and getting the dividend.
If it is a turning point for seed and i think it is then big gains and dividends. who would not want that in the next 12 months to 18 months. and ed comes out smelling of roses by forward thinking and all about shareholders. infact it looks as if he has already changed but time will tell. and i will stay a shareholder for the gains if he has changed his way of thinking putting shareholders first.
I do not think any one will be bothered. no one should fall in love with any company in this game. that is what gets investers in a mess in the first place and not cutting a loss. this is all about getting the share price up now and the special dividend. if ed can keep the sentiment with good news then he will keep enough on board to make more money. if not you get the dividend and sell.