So how much do we get back per share, now the sale has gone through?
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So how much do we get back per share, now the sale has gone through?
Sale - If I had 200 shares initially then, NZ$3.8036 per share .... I'll get $3803.60 with 1000 shares remaining due to cancellation.
Capital Return - NZ$0.336 per share post- cancellation .... I'll get $336.
Surplus Cash - (Potenitally) NZ$0.44 per share ... I'll get $440.
So a total of $4579.60 .... have I got this right?
With the six month countdown to the liquidation of Tenon now underway I'm wondering whether there is any value in an NZX-listed shell company these days? Will it be euthanasia or reincarnation for TEN?