(Total Views: 211)
Posted On: 10/20/2019 3:05:35 PM
Post# of 36566
Yes...if you just use straight math, at the current PPS of $1.97 per share, if the dividend happened today, the PPS should be around $1.26 after dividend, except you will now have 2 shares at $1.26. The gain is approximately 28%.
If dividend will be paid as previously scheduled...there are still more trading days left...hopefully the PPS can shoot up to $4 for 5 consecutive days before the dividend (10k, Gnbt making some huge positive announcements, etc), then we can meet the uplisting PPS requirement before dividend.
MIRAMAR, Fla., Sept. 03, 2019 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (GNBT) today confirmed that the record date for the 1:1 (100%) stock dividend was recorded on August 30, 2019, and the dividend will be paid on October 29th to all shareholders who hold their shares through the ex-date of October 30, 2019. Anyone who sells their shares before the market close on October 30th will lose the dividend, which will be transferred to the buyer of your shares, just as anyone buying shares from now through October 30th will receive the 1:1 (100%) dividend from the seller of the shares
If dividend will be paid as previously scheduled...there are still more trading days left...hopefully the PPS can shoot up to $4 for 5 consecutive days before the dividend (10k, Gnbt making some huge positive announcements, etc), then we can meet the uplisting PPS requirement before dividend.
MIRAMAR, Fla., Sept. 03, 2019 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (GNBT) today confirmed that the record date for the 1:1 (100%) stock dividend was recorded on August 30, 2019, and the dividend will be paid on October 29th to all shareholders who hold their shares through the ex-date of October 30, 2019. Anyone who sells their shares before the market close on October 30th will lose the dividend, which will be transferred to the buyer of your shares, just as anyone buying shares from now through October 30th will receive the 1:1 (100%) dividend from the seller of the shares
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