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[外汇债券] quantas shares [复制链接]

退役斑竹 2007 年度奖章获得者 2008年度奖章获得者 特殊贡献奖章 参与宝库编辑功臣

发表于 2007-4-17 09:43 |显示全部楼层
此文章由 黑山老妖 原创或转贴,不代表本站立场和观点,版权归 oursteps.com.au 和作者 黑山老妖 所有!转贴必须注明作者、出处和本声明,并保持内容完整
Saw this on another forum. Thought you guys might be interested.
I think it summarize the situation quite clearly.
At this stage the chance of APA get over 90% seems impossible. The word is 8x%. But then again anything can happen in the next few weeks.

Hi All

Just looking for some input regarding the Qantas privatisation offer.

I bought in to this back in January and have been patiently waiting for it to finalise.

I can now accept the offer and take my 23cents plus the 15 cents + the imputation I already banked. Not much but I thought it would finish a lot quicker and thus be 7.6% return over 2 months.

Obviously its been somewhat longer in gestation but I did get an additional 5cents in imputations.

The other option is to hold out further, with the word being that potentialy the final price, within a year, could be $7 making a return of 34%.

This has a lot of risk but also I see some safety.

- APA can't let the share price fall to far below the $5.45 - 5.6 as their loans are secured agaisnt the shares (one giant margin loan)

- They will in the end need to buy out remaining shareholders as they can't proceed to strip company until they have full ownership.

- Plus side they need to declare dividends as they will need to pay their loan interest. Is there another way that they could get money out without declaring dividends.

If they reach compulsory aquisition then what would the price be at that point? Or does the whole compulsory aquisition thing go out the window?

Cheers
Happy Wife = Happy Life
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发表于 2007-4-17 10:21 |显示全部楼层
此文章由 galway 原创或转贴,不代表本站立场和观点,版权归 oursteps.com.au 和作者 galway 所有!转贴必须注明作者、出处和本声明,并保持内容完整
which forum? what conclusion...

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