QUOTE(gark @ Feb 20 2014, 11:08 PM)
That day someone was asking on WB.... i forgot who...
Today the mother share give dividend in specie 1:20 ratio. The WB ex price will be expected to be adjusted from 1.21 to 1.15, giving 6 sen FOC, when the dividend is ex on march. This price revision has not been announced yet but based on WB deed poll.
At current price of 57.5, that 6 sen bonus is like a hidden 11% dividend.
Not a buy call ah, but arbitrage warrant calculation only.....
of course this not a buy call................... Today the mother share give dividend in specie 1:20 ratio. The WB ex price will be expected to be adjusted from 1.21 to 1.15, giving 6 sen FOC, when the dividend is ex on march. This price revision has not been announced yet but based on WB deed poll.
At current price of 57.5, that 6 sen bonus is like a hidden 11% dividend.
Not a buy call ah, but arbitrage warrant calculation only.....
You are talking of Warren Buffett...... right?
the one with 2 f's and 2 t's?
Feb 20 2014, 11:19 PM

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