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$6.59 milton corporation limited

Hi Ramamba, sorry just to clarify, in simple terms, does that...

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Ka$hmira

4,204 Posts.

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25/06/21

09:06

Post #: 54060485
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Originally posted by ramamba ↑

@InvestorGadget1
> I thought the conversion ratio is calculated in September.

correct

> What happens if there is a market correct that causes the price and NTA of Milton to change in the next few months, do they still use $6 per share as the basis of their offer?

if market corrects then everything corrects.

except (hopefully) MLT final and special and SOL dividends

$6 was never a basis of the offer, the offer is based on Milton's pre-tax NTA less dividends plus premium

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Hi Ramamba, sorry just to clarify, in simple terms, does that mean it is 6 dollars plus the dividends? Or is the dividend included in the 20% premium offer?

MLT Price at posting: $6.01 Sentiment: Hold Disclosure: Held
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