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ReNew Energy Global plc T.RNW


Primary Symbol: RNW

ReNew Energy Global Plc is a decarbonization solutions company. It is a utility-scale renewable energy solutions providers in India. It operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It conducts business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It operates in four segments: wind power, solar power, hydro power, and transmission line. Its wind power segment reflects the revenue earned from its utility-scale wind energy projects in India and solar power segment reflects the revenue earned from its utility-scale and solar energy projects in India and hydro power segment reflects the revenue earned from its hydro energy projects in India. Its transmission line segment include revenue from construction and maintenance of transmission lines.


NDAQ:RNW - Post by User

Post by deanstyleson Aug 10, 2023 8:26pm
291 Views
Post# 35582964

October payout math

October payout math
CanSiamCyp is right: there is a cap on the number of TA shares available for swap in October.
He is probably right that TA share price will rise and everyone will want to swap TA for RNW.
That means a prorated: 1.0337 TA shares for 50% of your shares and $13 for the other 50%. 
 
October Swap Math
Case one: TA shares have a $12.26 quote ($13.00/1.0337)
... you'd get $13 in TA shares or $13 in cash a payout of $13.00
 
Case two: TA shares have the Aug 10 close quote $13.97
... you'd get [1.0337*$13.75]=$14.44 for 50% and $13 for 50%
... an average RNW per-share payout of $13.80
 
... and the Aug 10 close for RWN is $13.64 which is about right
... that is $13.80 - 2x($0.07833) [lost dividends] = $13.64 
 
Case three: TA shares in October are at the average of 12 Analyst Price Targets of $16.58
... you'd get [1.0337*$16.58]=$17.14 for 50% and $13 for 50%
... an average RNW per-share payout of $15.15
 
So if you believe the Analysts and TA shares will be higher in October: you wait.
 
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