Note that Think Childcare's (TNK) First dividend since floating of $0 072 was paid on 31 March 2016 with an ex dividend date of 18 March 2016 and Share price appreciated by 8 7 since floating to 18 March 2016 when Canaccord wrote its analysis Which of the following statements is correct An investor that bought the stock the day it floated in October 2014 and sold it around 1 5 years later on 18 March 2016 would a Have experienced an annualised total return of more than 8 7 pa since the float b Be paid the dividend c Have experienced a total historical return of less than 8 7 since the float around 1 5 years ago d Have been likely to observe an increase in the TNK share price between 17 March 2016 close to the 18 March 2016 open, assuming that the broader market was unchanged over that night Think Childcare Ltd 3 20 AUD ASX TNK Follow 2 05 (178 26 ) all time 30 Sept, 3 55 pm AEST Disclaimer 1D 5D 1M 6M YTD 1Y SY Max 4 0 10 (8 70 ) 24 Oct 2014 18 Mar 2016 3 2 2016 2017 2018 2019 2020 2021 Open High Low 3 20 3 21 Mkt cap P E ratio Div yield 196 98M 24 94 6 25 52 wk high 52 wk low 3 29 0 85 3 19

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

Note that Think Childcare's (TNK): First dividend since floating of $0.072 was paid on 31 March 2016 with an ex-dividend date of 18 March 2016;

Note that Think Childcare's (TNK):

First dividend since floating of $0.072 was paid on 31 March 2016 with an ex-dividend date of 18 March 2016; and
Share price appreciated by 8.7% since floating to 18 March 2016 when Canaccord wrote its analysis.

Which of the following statements is correct? An investor that bought the stock the day it floated in October 2014 and sold it around 1.5 years later on 18 March 2016 would:

Have experienced an annualised total return of more than 8.7% pa since the float.

Be paid the dividend.

Have experienced a total historical return of less than 8.7% since the float around 1.5 years ago.

Have been likely to observe an increase in the TNK share price between 17 March 2016 close to the 18 March 2016 open, assuming that the broader market was unchanged over that night. image text in transcribed

Think Childcare Ltd 3.20 AUD ASX: TNK + Follow +2.05 (178.26%) all time 30 Sept, 3:55 pm AEST Disclaimer 1D 5D 1M 6M YTD 1Y SY Max 4 +0.10 (8.70%) 24 Oct 2014-18 Mar 2016 3 2 2016 2017 2018 2019 2020 2021 Open High Low 3.20 3.21 Mkt cap P/E ratio Div yield 196.98M 24.94 6.25% 52-wk high 52-wk low 3.29 0.85 3.19