From my calculaton, the new book value of LinCo will drop to about 18 dlrs per share. Im not sure if i have taken every thing into consideration yet though..
I'm not too much on charts but believewhen the Berry merger is complete combined with your 32.60 we could well see 38-. An increase in dividend when announced it is a given 38- and higher.
BTW, trading this morning eliminated the LINE/LNCO price difference with a nice pop by LINE.
FWIW I bought more LNCO this morning. It's like buying LINE w/o the tax hassle.
Tax treatment saves much of the headache but the small float appears to create the different value. When the BRY deal completes there will be more float LNCO so the value difference could be closer.
thanks for reply,but received theproxy/phone book in the mail on saturday.Once again,thanks for the reply....