IFN infragreen group limited
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no dividends allowed during offers... as it voids offers and...

Currently unlisted. Proposed listing date: 25 JUNE 2025 11:00 AM AEST ##
  1. baldynumbers
    3,889 Posts.
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    17/07/20
    08:48
    Post #: 45925912
    no dividends allowed during offers... as it voids offers and also incurs a break fee on both offers...

    IFN has no franking credits available either... so the point of a special dividend is largely lost... they have cash on hand... but they also have a large debt... any reduction in cash would reduce value of business and as a result - revalue offers.
    Last edited by baldynumbers: 17/07/20
    IFN Price at posting: 90.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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