No it won’t be. If IFL keep same financial performance, their...

No it won’t be. If IFL keep same financial performance, their dividends will be only a couple of cents as they will have hundreds of millions more shares on issue and this will dilute the dividends per share. We need IFL to significantly increase their earnings to just pay the same dividend due the amount of shares. To get the yield you state, IfL earnings have to go through the roof and all shareholders are hoping for that with this acquisition and increased scale plus synergies. Currently the market does not believe the increased earnings will come but this sentiment will hopefully turn positive in the future.