27-01-2013, 04:56 PM
(26-01-2013, 03:26 PM)acl72 Wrote: I am currently holding F&N shares (Vested in 2006 and am a long term investor. Haiz..... never wanted to sell) Now my hands are tied... What is the best way sell and get the dividends of the $0.12 or the max price that I can get is $9.55 without the dividends. Please advice. Thanks.
The dividend needs to be approved at the AGM coming Tuesday. I am not sure how such things work, but my guess is that TCC will vote against it, otherwise everybody will wait and the offer will not cross the 50% mark to become unconditional.