did not get what you were trying to say.
no. i bought them once and do not plan to get more shares of VGR.
i have more now because of 5% split every year.
or they can just sell tobaco assets...
any talks in the company about petroleum segment IPO?
this will make fcx oil subsidiary bonds worth much less...
it is only 2.55% current yield. Of course at maturity you'll have also 7.526% capital gain for 2.5 years comes to about 3% a year. I think buying my bond which yields 7.36% currently plus you'll have some capital gain at maturity is much better
The price is fixed as of the day the deal was made. And the price then was $10.42 based on the friday price of dialog. And now the price is different 0.112 is fixed thou. You are correct - based on cuirrent price if dialog the deal is worth $9.02. The problem is - nobody wants to pay more...
Dialog Semiconductor Plc (DLG.DE) -XETRA Watchlist
35.72 Down 9.60(21.19%) 6:12AM EDT - price on YAHOO shown in US dollars.
$4.65+5.07=$9.72 baesd on friday closing price of $45.27...
how they came up with $10.42?
bought some at $92.259. beleive FCX is strong enough to bankrupt itself through 2023.
will be getting cupon for many years and capital gain at maturity.