Thinking about selling out before take-over, is my thinking accurate?
The way I see it this could go three ways.
1) Deal doesn't proceed -> significant share price drop (unlikely)
2) Deal proeedes -> $3.75 per share plus c. 10c per share franking credits if special dividend is paid (likely)
3) Deal doesn't proceed -> higher offer received (unlikely)
Seems like selling now would protect from any downside risk and but I would miss out on ~5% return including franking credits if deal was to proceed. Have I got that right?
- Forums
- ASX - By Stock
- LHC
- Ann: LifeHealthcare Announces Scheme of Implementation Deed
Ann: LifeHealthcare Announces Scheme of Implementation Deed, page-8
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)