Not sure why this one isnt getting much attention. Dropped to a low of around .60 back in March, but its now nearing $6. I was in at about $3.50, and the past couple of days its been flying!
Takeover from Dulux for $2.05 - current price of $1.91.
Received favourable ruling from the ATO about dividends & franking credits.
If Dulux get 90% acceptance + declare offer unconditional - possible bonus dividend from Alesco...
Takeover from Dulux for $2.05 - current price of $1.91.
Received favourable ruling from the ATO about dividends & franking credits.
If Dulux get 90% acceptance + declare offer unconditional - possible bonus dividend from Alesco...
ALS has declared 27c FF dividend (gross up 38.6c) and shareholders will receive $1.63 further from Dulux.
That's $2.01 of value currently selling for $1.93. Depending on your tax status, of course, so speak to your tax accountant / neighbour / son-in-law / budgie etc.
ALS has declared 27c FF dividend (gross up 38.6c) and shareholders will receive $1.63 further from Dulux.
That's $2.01 of value currently selling for $1.93. Depending on your tax status, of course, so speak to your tax accountant / neighbour / son-in-law / budgie etc.
And not to forget the capital loss provides a tax shield to offset other capital gains. These low risk opportunities seem to come up fairly regularly in the late stages of takeovers - although getting much volume is sometimes difficult.
And not to forget the capital loss provides a tax shield to offset other capital gains. These low risk opportunities seem to come up fairly regularly in the late stages of takeovers - although getting much volume is sometimes difficult.