Hi,
The minimum IPL will offer for DXL is 2.64:
"In the event the VWAP for IPL for the ten days prior to the second court hearing date for the IPL Scheme falls below A$138.16, then the scrip issuance ratio will be adjusted to provide minimum scrip consideration of A$1.94 or total consideration of A$2.64."
At time of writing DXL is $2.46
Joel
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DXL
dyno nobel limited
Hi,The minimum IPL will offer for DXL is 2.64:"In the event the...
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