Double whammy22 Jul 2018 23:38
Depending how and when a dividend is paid could result in two buy waves. On announcement of the dividend we will become attractive to a different group of investors who lets face it will have to buy shares hence wave1 Now the kicker, If the dividend is paid out before all news releases are realised there's a lot of people going to have money burning a hole in their pocket and will most likely re invest back in hence wave 2. Failing that ATM could see a big flow in thus increasing its price which will.be reflected in Bmn 10% holding. Interesting to see how it all pans out. Just musing before the fun and games start next week