OTCPK:ICPVF - Post by User
Comment by
roberto146on Jul 16, 2021 10:35am
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Post# 33559061
RE:Brookfield, Brookfield By Any Other Name (SLIME)
RE:Brookfield, Brookfield By Any Other Name (SLIME)TheBridge (and ladislov3 who gives 22.655):
So let's see here who Brookfield Infastructures really are. They're now offering what amounts to $23.65 per share of IPL
Anybody, just take out a calculator, and spend a minute.
90.26/4 = 22.56. 32% of IPL shares would be taken up. So 32% at 22.56. That leaves 68% at 20. Blended price is then .32 x 22.56 and .68 x 20 = 20.82.
Then, if applicable, you pay capital gains on the 68% portion if you're not in a tax free savings account, or an RRSP or an RRIF. so .34 x 20 x (tax rate example if say 26%) = 6.80x26% = deduct 1.77/share. RRSP and RRIF, of course you pay tax later when you withdraw, but that's not immediately applicable so not a consideration here.
Basis, if BIPC share at 90.26, and you either are subject to tax (at 26% tax rate) or not:
Min per share would then be 19.05, if you attract tax, and are in the 26% bracket.
Max per share would then be 20.82 if your offer is not subject to tax.