$Sembcorp Marine(S51.SG)$ 0.08 coming, wait for it
$Sembcorp Marine(S51.SG$ 0.08 coming, wait for it
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Stock Watch : Sell your shares now then buy up the rights
Mathan3030 : you can't buy if you sold it..
Stock Watch Mathan3030: XR meaning you have the rights allocated. So you sell now at 0.093 your shares, Your make 0.013 .
Eg. sell 50 lots of SMM now at 0.093. Your lost cos you bought let said 0.2. But u earn 0.013 x 50 lots . Cos the rights is 0.08. .
And with this method, you don't needs to fork out another big amount for the rights.
Mathan3030 : no but I checked with customer support this morning and this is their reply "If you still hold the stock till 26th, you will be entitled to it."
Stock Watch Mathan3030: 26 Aug is the " pay out" dates like dividend.. Maybe Moomoo different. For all CDP acc, we can sell today.
Stock Watch Mathan3030: Then you hold till 2moro to see how it goes. Just in case moomoo different from CDP.
Nicholas Chen Stock Watch: I don't think so, the XR should be after today, night time to confirm the right. so today but consider enjoy the right share