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Hi
Its been discussed so many times who is eligible and who is not and all is posted is RNS and dates and which made it really confusing.
How do you get notification if you are on T212 if you get RI or not? I bought on Friday
Thanks in Advance
Hi Looks like exciting times ahead any short term and any long term target for next 3 months any input
Looking for any pointers where SP can go up to on 7th January before dividend consolidation, I know that on 8th number or shares will reduce to offset dividend just checking is it worth holding it for rising or not?
That's right but the rns saids price will not change but consolidation of shares will take place on 7th before the dividend so make sure you read the link I sent however looks like price will increase though till 8th today is good start
Thanks for that explanation exactly what I thought otherwise there will be huge fund buying. Lets say I hold 10000 shares I get 3200 in dividend and lets say the price is 200p will my shares be reduced by 1600 and I hold 8400 shares is it like that or I am still missing some points? That's right as well one shouldn't buy for dividends only as it may get a reduced number of shares unless the company is a really good one and have the potential of upward price movement before the dividend cut off. Higher the price on 8th lower the number of shares will be consolidated that's what my understanding is.
I read on cairns website, shares will be consolidated before issue of dividend on 8th January 2021 on the list who is eligible so you may own less shares than what you actually have to compensate for the dividend.
https://www.cairnenergy.com/investors/regulatory-news/
https://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3514&customerKey=cairnenergy&storyID=14908961&language=en
can someone more qualified and understand this clarify if they know bit more. Thanks