CDD 2.33% 42.0¢ cardno limited

Ann: Return of Capital - CDD, page-7

  1. 2,754 Posts.
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    Thanks Mattao. I’m new to this capital return deal. Am I correct in assuming that if you buy the shares on Monday the 0.92 cents will come off the share price of 1.61 in the redistribution which would bring the share price down to 0.69 cents. Then they pay you another 0.57 cents as a dividend on the 0.69 cent share. Does this sound right?

    Appreciate your input.


 
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