Replies to post #234 on Topaz Resources Inc. (TOPZ)

[petermic]

The link you provided shows the record date for the stock dividend is November 12. I think that means you must have bought by November 9 to be on record by the 12th. So if you bought today you don't get the 5 new shares. Unless there is a due bill attached I guess, but I've never really understood due bills.

Seems to me the share price ought to be 1/6 of what it was on November 9, or about 5 cents.

Also not sure why on earth TOPZ would split the stock 6:1 like this when price was only $0.30 or so.