TRS the reject shop limited

Ann: Intention to Make Takeover Bid, page-125

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    1000 shares bought at , say, 2.73 ... total cost  ,say,  $2760.   Dividend paid in April = $240.   Franking credit = 103.   Total gain = $343.


    Worst that can happen is forced sell at $2.70 for $2700.   And the gain is "only"  $283.   


    No brainer if you have access to the funds.

 
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