Seems great in theory to my mind the whole deal has the potential to turn one share in five into a tax issue. Dependant at what price the stock was originally purchased for and where the price lands after consolidation.
I would be voting for the dividend and not the consolidation this may confuse a dividend with capital gain.
AllTooEasy
Fibre division sale share holder value, page-8
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Last
$2.37 |
Change
-0.010(0.42%) |
Mkt cap ! $3.184B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.39 | $2.35 | $12.10M | 5.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 548745 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 9381 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| ORA (ASX) Chart |