Funny how over the past 9 months, i have noted shares of some companies start rising after going ex-div. Safaricom closed its books last September 12th at 8.05 and immediately started rising a day after. From a low of about 7.75 a few minutes into trading ex-div to a high of 13.30 last month.You can do the math.
Member closed its books just last month,14th March at KES.34.Did a low of 31 a day after books close then the safari to 42.50 began. And now HF closed its books last Friday a 38 levels. Slid a day after to 36 then here we are at 42.25.
Interesting. It's like having your cake and munching it
@SufficientlyP