apa last traded at 4.90
hdf, 2.20 with 2.5 c dividend
$0.50 cash and 0.326 APA Stapled Securities, with cash component reduced by dividends paid by hdf.
so the offer currently values hdf shares at,
0.475+0.326*4.90 = $2.070
hdf is currently trading at a 6.3% premium.....
will there be a new offer valued above $2.20?
apa last traded at 4.90hdf, 2.20 with 2.5 c dividend$0.50 cash...
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