>Champ, what planet are you on? The share price is usually depressed after a record date expires and shares go ex-entitlement.
Nope I've never seen that happen before. The shares are always held down (normally 5-7% above the price offered for the entitlement until it expires then it jumps up after expiry of entitlement due to the fact that you can no longer purchase shares at that cheaper price and you now have to purchase on market which pushes the price up TEMPORARILY only to find that within a few weeks new lows occur.
Good luck.
CCU Price at posting:
15.5¢ Sentiment: None Disclosure: Held
