QUOTE(cherroy @ Apr 8 2020, 02:32 PM)
Whether adjust the opening price or not, actually it does not matter.
SGX doesn't adopt price adjustment, but market will automatically adjust itself.
Today 8.00 cum dividend 40 cents.
Then next day ex-div time, buyer mostly may Q at 7.60 only, and likehood to start trade at 7.60.
Market will adjust itself whether there is opening price adjustment or not.
Then how the share price 7.60 up or down forwards, it depends on market movement.
ooohhhh ..... I didnt' know SGX doesn't do this. SGX doesn't adopt price adjustment, but market will automatically adjust itself.
Today 8.00 cum dividend 40 cents.
Then next day ex-div time, buyer mostly may Q at 7.60 only, and likehood to start trade at 7.60.
Market will adjust itself whether there is opening price adjustment or not.
Then how the share price 7.60 up or down forwards, it depends on market movement.
I'm surprised that the SGX market is so efficient.
Apr 8 2020, 02:40 PM

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