The proposal:
"Under a cash-and-shares alternative, Jupiters shareholders would receive 24 Tabcorp shares and A$285 cash for every 100 Jupiters shares, plus a special dividend of 75 cents per Jupiters share."
Let's say you own 100 Jupiters shares at cmv $6.42, and Tabcorp share current price $10.89.
Tabcorp is going to give you $621.36 for $642 worth of shares.
Did I get the math right?
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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29 | 399611 | 0.670 |
17 | 305402 | 0.665 |
13 | 168351 | 0.660 |
6 | 429625 | 0.655 |
Price($) | Vol. | No. |
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0.680 | 188872 | 43 |
0.685 | 184397 | 12 |
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