"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.
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