Confused....
This is from the deal "The offer includes a fixed cash payment of A$2.52 per share, minus any special dividend paid before the takeover closes. Gold Road intends to declare a special dividend of about A$0.35 a share if the deal proceeds, to use Australian tax benefits known as franking credits."
The way I read this is that the fixed cash payment of $2.52 per share will be reduced if there's another dividend before the deal closes. The special dividend of 35c is in addition, a sweetener, if the deal goes through. So MrsMesbin's calculation shouldn't have taken the 35c off the $2.52 right? The total should be $3.57 (less the franking credits).
Ann: Scheme Implementation Deed entered into with Gold Fields, page-78
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Last
$3.36 |
Change
-0.080(2.33%) |
Mkt cap ! $3.650B | |||
| Open | High | Low | Value | Volume |
| $3.48 | $3.48 | $3.36 | $44.26M | 13.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 63320 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 200 | 1 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| GOR (ASX) Chart |