Long time reader, first time poster !
While most posters showed negative impression on the merger, I just wonder if anyone has worked out the divi distribution of the new stock.
Eventhough the exchange is 3.19: 1 for OXR and ZFX with respect to 8 and 105 cent divi/annual before the merge, it is unlikely that the new divi is less than 35 cent so there will be a winning for current oxr stock holders pending the next divi announcement.
On the contrary, the ZFX may or may not receive the full divi as they used to!
OXR
oxiana limited
