Well, that depends on a number of factors. A bird in the hand is always good. There are opportunities in the market every day which we all miss out on, you can't be in the right place at the right time all the time. You have locked in a nice gain and should be happy with that.
If you hold there are two risks:
(1) the bid does not go ahead for some reason (stock market crash, ACCC knock back, counter offer for TPG etc)
(2) IIN decide not to pay a FF dividend after all, or for only a small amount, or the ATO knocks it back for some reason.
The upside is the probability of a small gain (5-7%) plus the free upside risk in the event there is counter-bid for IIN. (And note you only get the gain if you are in the right tax position with capital gains to offset).
On the other hand you now have some cash in the bank which you can invest somewhere else, or have a nice meal out somewhere
IIN Price at posting:
$8.80 Sentiment: Hold Disclosure: Held
