Dividend of $1.50 per share and it's trading at 2.64.
The dividend is NOT on the daily list yet (at least I didn't find it) and it's a pink, so I would take the PR with a grain of salt, but figured I'd throw it out there.
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CLST Holdings Announces Sale of Its Operations in Chile Thursday June 14, 6:26 pm ET
COPPELL, Texas, June 14 /PRNewswire-FirstCall/ -- CLST Holdings, Inc. (OTC Pink Sheets: CLHI - News) today announced that on Monday, June 11, 2007, it completed the sale of its operations in Chile to a group which includes local management. The purchase price and cash transferred from the operations in Chile prior to closing total $2.5 million. This transaction completes the sale of all of the Company's major assets. The Company has two minor outstanding notes that it expects to collect by the end of 2007.
This news release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995.
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I'm in, but just realized I'll be boating on Friday (weather pending) and not at a computer to trade. Hope the blackberry gets reception out there...
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It means that on Friday it *should* open $1.50 lower (but you'll get $1.50 dividend, so it's a wash), but I've seen a few cases where brokers don't adjust their orders, and you can still sell for significantly more than price-$1.50.