Originally Posted by
Lion
I also am unsure if the T.O. offers are + or - the dividend. Maybe it's hidden in the documents somewhere.
I suppose a fair assumption would be that the T.O. offer is always at 77c (or 72c) and if you own them on 24 October, you get the dividend and if you sell before then, you don't . Doesn't that make a case for holding till 24th, getting the dividend and then selling (if you want to sell)?? (Just a question - no advice intended)
Another question - why have Zeta extended the term of their offer - while there is a better offer on the table? Another assumption too - that doesn't seem to make sense unless they plan to increase their offer amount.
NZO price is slowly rising, as is the price of oil. I'm with you, digger - waiting.