From what I read the deal will not be worth anymore than $3.02.
Under the Proposal, Programmed may declare and pay a fully-franked special dividend on or shortly before the implementation date of the Scheme. The proposed quantum of the special dividend will be advised to Programmed shareholders in due course. The cash consideration of $3.02 cash per share will be reduced by the amount of any such special dividend.
From what I read the deal will not be worth anymore than $3.02....
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