RE: RE: IT'S A DONE DEAL! Most of these type of votes are very one-sided. Just because all we see and hear are the disgruntle small retails, we thought the opposition to the deal is greater than they are. The truth is small retails are annoying flies, lots of buzz, lots of noise, no real consequences.
Anyway, the new BNE will have 30.6 million shares (old BNE 19.9 million + converted STOs 10.7 million). It's pay a dividend of 28 cents a month, an annual yield of about 7.2% (28 cents x 12 = $3.36 / $46.78 - today's SP = 7.2% approx). BNE was thinly traded pre STO acquisition, and we don't know if that's still the case post STO acquisition. The number of share is certainly not that big post acquisition either.
Will there be any growth after it swallowed STO? That's the key. I would not hold a stock just for the meagre 7%+ yield, not unless there is some growth on top of that. Of course BNE will swear there will be growth, but can they make that happen - that's the $64 million dollar question.