Current close of Vt on canada exchange 9.10. So full script offer of .9062 per abb share = 8.24642 cents canadian X exchange rate of 1.11797 = 9.21 value per share + 41 cent div = $9.62 australian.
(9.62 - 8.53) / 8.53 = 12.78 percent return.
Thats probably the option I will go down.
Have to be on the books as of the 12th of june to get the div.
Kicking myself though I sold out after the initial announcement, but I thought with the cap rasing that it would be months before an offer was put on the table. Anywhos can't win them all.
ABB Price at posting:
$8.60 Sentiment: None Disclosure: Held
