Replies to post #148411 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

Nicely put together by groupssa. Only a pity that they think the 25% rule isn't a strict rule. Because it is.

http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=9651

(1) In respect to cash dividends or distributions, or stock dividends, and the issuance or distribution of warrants, which are less than 25% of the value of the subject security, if the definitive information is received sufficiently in advance of the record date, the date designated as the "ex-dividend date" shall be the first business day preceding the record date if the record date falls on a business day, or the second business day preceding the record date if the record date falls on a day designated by the Committee as a non-delivery date.

(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.

(3) In respect to stock dividends and/or splits relating to American Depository Receipts (ADRs) and foreign securities, the ex-dividend or ex-warrants date shall be designated by the Committee.

Also notice (1) and (3). You can never say for sure when the ex-date will be in these cases until it is announced by FINRA.