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Good post.Plus a tick fee of 4.5cps for every month beyond...

  1. R21
    1,400 Posts.
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    Good post.
    Plus a tick fee of 4.5cps for every month beyond November where scheme is not implemented - voted on and court approved.

    Voter packs go out in a few weeks, assuming no shareholder vote until say late Jan/Feb because timelines too tight.
    Then realistically it's plus 3 months of tick fee - 13.5cps.

    Brookfield are in a catch-22 and the market knows it.
    The risk for Brookfield is the independent valuation is not resounding enough to ensure 75% approval and they need to return with a higher, add another 2-3months and 9-13cps more of tick fees. I think they'll just marginally increase imminently, IMO DYOR.
 
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