SIP sigma pharmaceuticals limited

Ann: Market Update , page-38

  1. asf
    9,887 Posts.
    Cheers, Lefevre, for posting those- very handy. It's a waiting game until March 28, I guess, for the outcome of the capital return. However it turns out, the company shoukld make it that we get an equivalent of 55c, notwithstanding any changes, because that was going to be the takeover price, and the trade sale price didn't lessen the possibility for that. I think it was about 44c when the takeover ws announced, and if the SP falls to say 28c ex-dividend, we would hope to get about 26c capital return. I think this is the outcome Orbis is hoping for- 55c. It does seem fair.
 
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