Post
Topic
Board Securities
Re: [Havelock] Bitcoin Difficulty Derivative (BDD)
by
twentyseventy
on 08/08/2014, 20:18:33 UTC
From the contract:

Dividend Payout Times
All reasonable care will be taken to pay out dividends on time. In the event that the Manager is available to pay out dividends on time, for any reason, then dividends will be paid out as soon as possible afterwards. The holders of the contracts are entitled to receive dividends at the time that the Manager pays the dividends, not at the scheduled time at which dividends are normally paid.

It's the same situation as if a SELL holder had sold the shares before the dividends were paid - you have to ensure that you see the dividends in your account, don't rely on the time to see if they've been paid yet.

OK, This was my error, a misunderstanding. Sorry, merci for your answers Smiley
I like B.MINE and B.SELL, it's better than ASIC-mining or Cloud-mining Smiley

No problem, I just wanted to be sure that you understood why. I don't want anyone to feel like they were getting cheated; the dividends are always paid a bit after Noon, as the script just runs a little bit after 12PM