Not a great deal one can do with the variability of share price and currency exchange movements. Not sure whether there's a point where a trigger can or will be pulled out of the deal based on such movements but if so, there won't be a BSE dividend and it's share price would retreat substantially - a double whammy one does not need - so I actually hope the deal goes through.
So, should one sell now or wait it out and see if the deal goes through with a nice dividend inbound? I've held BSE for some time, so for me the deal is ok and don't intend to sell shares for some time if under a new entity - at least until it's sp gets to higher levels (may take a while).
Not certain on tax implications but assume rollover provisions will apply for those who decide to take up the offer since BSE shares have not been sold - only taken over, so the usual what you paid for and what you sold for figures sould be used to determine profit/loss??
As the dividend payment it's not franked - so no tax relief and tax is payable but level depends on individual circumstances. AIMO
BSE Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held