Ah yes of course, I'm aware of this fact as I'm mainly interested in options trading and it's a fundamental assumption of pricing call options that are going to return a dividend that the price drops on the underlying by the amount of the dividend. The difference here is, as you say, this is in theory:
+ and I'm bullish overall on the stock so a bit biased!
+ I don't think the volume is high enough or the market ( holders particularly) is efficient for the theory to apply in this case. The last few days the spread has been up to 10% and the dividend return is only around 2.8% in comparison.
SHJ Charts, page-97
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Last
88.0¢ |
Change
-0.010(1.12%) |
Mkt cap ! $144.2M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.0¢ | 87.0¢ | $56.06K | 63.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12285 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 183251 | 1 |
View Market Depth
| Last trade - 13.43pm 29/11/2024 (20 minute delay) ? |
| SHJ (ASX) Chart |
