Replies to post #1026 on Moon Equity Holdings Corp (MONI)

[J T]

stock doesn't split on the "record date" you need an "ex-dividend date". company sets the record date, FINRA approves the split and sets the ex-dividend date. so far all you've got is a date of record from a PR and a company telling you, you have to own it at the close on 2/29 to get the split. meaningless.

I emailed them last week asking if FINRA had been notified of the split. got no response. wondering since this is their first split if they even know what they have to do.

a stock is said to trade "cum-dividend"(with the divy attached) once it is announced. it will trade that way between the rec date and xdate.

you buy it on 2/29 and hold it through the xdate you will get the split.

you sell it, between those dates,you are also selling your right to the divy away

you buy it, between those dates,you are also buying the right to the divy.

might be something to ask them during this interview

at this point we don't know what the ex-dividend date is!

[asiatraveler]

Welcome