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Re: farml1234 post# 540

Thursday, 08/18/2022 4:51:52 PM

Thursday, August 18, 2022 4:51:52 PM

Post# of 660
Yep, I just did listen to the webcast replay

I don't see anything that was BS

Basically they said the special dividend on a one-time basis was lees desirable than the shareholder returns that the combination and resulting sustainable divi would give

add in the reasonable conclusion that the combined company would trade at a higher multiple

the value that you thought was coming in a divi was also fully baked into the exchange rate for your shares

don't forget the remaining $40M modernization fees to be paid over time

I understand your pain, but the math you were using forgot a few lines

spec

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