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Re: Redbull84 post# 148031

Monday, 10/29/2018 10:46:58 AM

Monday, October 29, 2018 10:46:58 AM

Post# of 163719
I believe the possibility that you are right is quite high.

First, SIAF is also listed on Merkur, and the rules for large distributions may not apply to this exchange.

From this page, it moreover appears that the special rules for distributions above 25% are not always adhered to, even for US exchanges.

http://groupssa.com/understandingdividenddates.html#the_following_section

"Note: The 25% rule is a general rule, not a strict one.  It is not always applied with distributions of 25% or more of a stock's price.  Foreign stocks traded on U.S. stock exchanges may or may not be subject to the rule, the decision being made on a case-by-case basis.  The 25% rule is not always applied to U.S. companies either; there are occasional exceptions granted."

Finally, the distribution announcement seemed very clear in this respect. Own SIAF on October 31, and you get TRW on Nov 14. To own it on the 31, I believe Ineed to buy today at the latest.

For me, this means that I have bought what I need of SIAF today and I would expect the stock to drop tomorrow, but by how much, I do not know.

Any views from the panel? ??
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