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Re: Chrispy1963 post# 32165

Thursday, 06/14/2007 8:04:50 AM

Thursday, June 14, 2007 8:04:50 AM

Post# of 162833
chrispy you apparently don't understand how a dividend works in the stock market..

Corr is feeding you the typical pink eye run around. It doesn't matter what the record date is it only matters what the X Divvy date is..

You see even If I or anyone else buys shares after the December date they bought those shares with the dividend rights attached.

Its called a due bill... So if someone sold their shares thinking that they would get the divvy because they bought them before the record date? They will be surprised to learn that they also sold those shares with the divvy rights attached to them to the proud new owner of the shares.

The shares can change hands 100 times or more the one who holds the shares on the x date is the one that receives the divvy..

USSE thought that they could hog wash the investment community also they found out WRONG!!!!

Corr will have to also include any shares that he may have diluted during this time.

You see these Pink folk tend to PR and put their foot in their mouth a lot..

good luck

shorts




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