CXP
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0.00% $4.75 corporate express australia limited

offer is conditional on obtaining 90% acceptances, so if they...

  1. DavidBriggs
    149 Posts.
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    14/04/10
    15:25
    Post #: 6572847
    offer is conditional on obtaining 90% acceptances, so if they get less than that the offer is off.

    yes we should accept. Assuming they get the ATo approval for the 0.78 special dividend the offer is acutally worth up to 5.93 for some shareholders, depending on your tax rate and/or if it is held in a SMSF.
    CXP Price at posting: $5.58 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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