Not sure I agree with your calculations.
Assume they pay a 90c fully franked "special dividend" - that will provide franking credits of 27cps.
The revised take over price would be $2.12 ($3.02 less the $0.90 dividend)
Bit of a double edged sword for holders as those on a tax bracket of 32c and higher would lose, but those that do not pay tax, eg a SMSF in pension phase would be better off. $2.12 for the takeover plus the 90c dividend plus the 27c franking credits, for a total return of $3.29.
Welcome other thoughts
Ann: PRG Board recommends acquisition proposal from PERSOL, page-24
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.07 |
Change
0.000(0.00%) |
Mkt cap ! $123.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4240 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 11 | 1 |
View Market Depth
| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| PRG (ASX) Chart |
Day chart unavailable