Unless I misunderstood:
Takeover price is $1.60
dividend is expected to be 'about 4.69 gross imputed to 14%' or about 3.6c to me.
Wait for $1.636 or take $1.62 (minus a little brokerage) :confused:
Plus I see other opportunities :).
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You right Snow Leopard, there is a chance we get 2H19 dividend as well but only if scheme of arrangement is delayed.
Seem like you have done the clever thing.
Anyone noticed quite large volumes recently - rival bid coming...?
Yes, could be a sign. Large volume at price close to offer price.
I also noticed that the directors have an out to their acceptance to the scheme of arrangement if a better offer comes forwards.
Special meeting tomorrow, will be interesting if a rival bit comes forward.
GWA.AU - GWA Group Ltd - Ordinary Fully Paid
Last DCF Gap VWAP Buy Sell High Low First Volume Value
324 ¢
(AUD)
6 1.9%
12/03 16:10 AET
322.87 324 325 326 316 320 782,861 $2,527,644
MVN share holders have voted and the company will be part of the GWA group.
The market reaction was positive for GWA share holder, share price up 1.9% on day of confirmation to own MVN. Aus market flat that day.
Buy buy MVN, just when the turn around was close. :(
Dividend is in my account. Haven't seen the $1.60 yet-but can't be far away!
Final payment went in an hour ago. Now, OCA or ZEL, or SPK, or...……?
Thanks Grimy , found it all . Was held in a different entity ...been sitting in the bottom drawer for a while .