EVZ 6.25% 17.0¢ evz limited

trading halt, page-9

  1. 2,436 Posts.
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    Here is my belief of what will transpire:

    1. Announcement on Wednesday morning of new acquisition subject to due diligence and contract finalisation.

    2. Within a month we have finalisation of the acquisition and another trading halt. This second trading halt will advise of a capital raising placed with institutional investors for part payment of the acquisition.

    As long as a dividend paid still I don't mind. But if there is an insto placement only and cash for the new acquisition that removes the chance of a divvie - I think I would be very dissappointed in the co.

    I don't think Gordon McKern will do that though.

    I think he might surprise us with a sspp.
 
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