VIT 2.22% 9.2¢ vitura health limited

Risk-free return?

  1. 81 Posts.
    As pointed out by stardestr0yer in another forum, is Vitaco a likely risk-free return if purchasing at $2.07 today and holding until implementation of the Scheme?

    SCHEME IS ACCEPTED
    1. Purchase 7/09/2016 at $2.07
    2. Vote on Scheme in November 2016
    3. Scheme is accepted (most likely scenario)
    4. Shareholders receive $2.25 per share upon implementation of Scheme in December 2016 (8.7% return)

    SCHEME IS REJECTED
    1. It is clear that Vitaco is worth at least $2.25 a share
    2. Share price may retreat, but should return above $2.07 in the near term

    Is it likely that the share price will move towards $2.25 as we approach November?

    Any input is appreciated! The above is a hypothetical scenario and is proposed for discussion purposes only.
 
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