From my calculations (please post if anyone gets different numbers=, DXL looks like a better way to buy IPL at the moment prior to the scheme being implemented.
If IPL stays between 130 and 140 (dxl 2.42), I calculate DXL will give 8% -> 12% return whereas IPL bought at these levels will give only a few points.
DXL outperforms IPL all the way up to around $158 a share for IPL (dividend and non-dividend scenario). Above that IPL starts looking better % wise.
Downside risk is that the deal doesn't happen, in which case DXL SP would probably drop 10-20% and IPL would increase. The 126.96 VWAP trigger for IPL looks safe for now.
Anyone else crunch the numbers? Keen to see what people think.
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Last
$2.96 |
Change
0.040(1.37%) |
Mkt cap ! $5.692B |
Open | High | Low | Value | Volume |
$2.95 | $2.98 | $2.94 | $11.13M | 3.772M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 15847 | $2.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.97 | 8699 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9861 | 2.960 |
4 | 125329 | 2.950 |
6 | 104314 | 2.940 |
1 | 20000 | 2.920 |
3 | 8400 | 2.900 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 140655 | 12 |
2.990 | 198708 | 11 |
3.000 | 187082 | 25 |
3.010 | 15100 | 3 |
3.020 | 33480 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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