SHJ 1.12% 88.0¢ shine justice ltd

Ah yes of course, I'm aware of this fact as I'm mainly...

  1. 178 Posts.
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    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.
 
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Last
88.0¢
Change
-0.010(1.12%)
Mkt cap ! $144.2M
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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
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Last trade - 13.43pm 29/11/2024 (20 minute delay) ?
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