Regulatory question:
When a bank buys back shares under market value allowing holders to write off a cap loss and the remainder of the value is paid in a special dividend, what are the limits on that?
Can EMR sell the Cambodian assets (and let's just pretend the $ figures line up on this) then offer to buy back the shares on the market for $0.25 each with a $2.5 dividend meaning current holders get a reduced capital gain, probably a capital loss recorded but $2.75 per share of value?
Just wondering..
Ann: TOV: Bullseye Mining Limited 06 - Undertaking, page-27
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$4.14 |
Change
0.150(3.76%) |
Mkt cap ! $2.687B | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.15 | $3.97 | $5.647M | 1.378M |
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| No. | Vol. | Price($) |
|---|---|---|
| 28 | 31316 | $4.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.14 | 4774 | 5 |
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