TME 0.00% $6.07 tungsten metals group ltd

March Dividend

Currently unlisted. Proposed listing date: 16 SEPTEMBER 2024 #
  1. 223 Posts.
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    Had a look through the Scheme documents and noticed there is no reference to dividends and whether shareholders will still receive a March dividend.

    Holding shares until the takeover may result in 15c (current differential to N$6.45 offer) plus an 8-10c interim dividend. Without the additional dividend there the discount does not seem to warrant holding until March / April next year.

    Any thoughts?
 
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