OTCPK:PALDF - Post by User
Post by
invest234on Oct 08, 2019 3:38am
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Post# 30206090
Q3 earnings and divi occurs before deal closes
Q3 earnings and divi occurs before deal closeshttps://www.profiledata.co.za/JSE_SENS_PDF/history/2019/10/07/SENS_20191007_S421361.pdf
6. Closing date
If the aforementioned approvals are obtained and the conditions precedent are fulfilled, the Transaction is expected to be completed in late December 2019 or January 2020.
that means q3 earnings and divi will occur before the deal closes. plenty of time for great q3 earnings to show up and start a bidding war. it is regular operations until deal closes and nowhere does it say divis are stopped.
if i were them i would give another special divi to empty out the cash lol