RE: Verizon maths7 Apr 2024 17:55
Biskit. You almost certainly would be well down. The maths is very complex however. As for the deal being good, that is a different question. If you had bought at anything below £2 before the verizon deal you could have sold at about 2.48 just before the deal, or after the deal for about 1.30 per original/2.48 per new share taking in to account the roughly 4 to 7 share swap. This share swap loss in shares was compenseted by free verizon shares & special divi/payout so a good profit, & had you sold the vod shares but kept the verizon shares for about 5 years then sold, you would have a made very good profit. Verizon shares are about the same now as when the deal was done, but as we all know vod shares have collapsed by over 2 thirds. But this is history, so it is the future that counts, can the sp get back to £2 plus, who knows but it would be a quantum leap. Good luck to all vod shareholders.