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Generex Biotechnology Corp GNBT
(Total Views: 608)
Posted On: 12/04/2018 12:06:57 AM
Post# of 36566
Posted By: Kingman
Re: homerbedloe #440
Apple was a forward split 7/1 . It split the initial price was exactly 1/7 of the close , the first bid was $7 above that after hours so it opened after hours at $7 higher that was the market after the split This did the same thing . It opened at .90 and closed up 1.09 Its the same as the split even though it was a dividend.
Market cap was about 22 million at Fid this morning at the open . Whats your point the stock was around 18.something at close Fri it opened at exactly what the dilution ratio was per share , just like a forward stock split ay AAPL then the market took over thats exactly what happens when a stock splits . It opens at the dilution and trading makes the closing. Now the cap is around 44 million.In most stock dividends your taxes usually arent required until you sell the stock . Usually













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