Post by
marketsense on Feb 14, 2019 12:29pm
Difficulty
Sotypical, if your read my post it was quite clear in how I arrived at $7.29. If Vistra is
buying KWH on the open market at $7.50 then with the dividend that they are entitled to
receive, the same as everybody else, their actual cost then is $7.50-.209(dividend)= $7.29 .
That is obviously way below their takeover offer of $7.57 is it not? The point that I am
making is they are taking advantage of the sellers by purchasing shares on the open market
at prices way below their offering price. The dividend helps them defray the cost of their
open market purchase the same as if you were buying and then using the divvy to lower
your cost. Clear enough.
Comment by
sotypical on Feb 14, 2019 1:05pm
This post has been removed in accordance with Community Policy
Comment by
sotypical on Feb 14, 2019 12:57pm
This post has been removed in accordance with Community Policy