spider5 - the current "Scheme of Arrangement " bid for A2B of $ 1.45 + 60c div ( ex div 12/01/24 ) = $ 2.05.
SNC has received $ 2.14 and still retains at least 8% holding, but they miss out on franking credits.
They sold about 25% of shares held - maybe the old saying " A bird in the hand is worth two in the bush "
So you would think on 12/01 the price should drop back to $ 1.45.
Cheers
Riv
spider5 - the current "Scheme of Arrangement " bid for A2B of $...
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70.0¢ |
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Mkt cap ! $99.83M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4974 | 70.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 21226 | 2 |
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