OXR oxiana limited

oz mineral divi

  1. 22 Posts.
    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!

 
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