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I would be grateful if someone could enlighten me about that split shares business. I understand that only those who kept shares till end of Friday 15th of February (Record Day) will receive extra shares, one for every two held. Those extra shares will be available to trade on 22nd of February, so to keep the things equal the SP should open about 50 percent lower this coming Friday. As I write, the SP is up 44 points today. If I buy DDD shares now, I will not receive any extra shares, but the value of my holding will probably be nearly half of what it is today. If this is possible, how on earth people are still buying DDD shares today paying roughly the same price as they could pay before Friday’s close? What kind of some strange speculation is that? If they don’t get rid on time of all the shares they bought today - they are heading for a big loss. They must believe strongly that the SP will not dive on 22/2/13?
From another point of view - the price should open today those 50% lower and it didn’t, so we should see the fact that the SP stayed roughly level with last Friday SP as an opening with a huge gap up? I must be wrong somewhere, but where exactly?
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