Cape Empowerment Delisting?

[Lee_1]

So the three ofers are 1) 36c 2) 1 Ascension property (JSE)for every 5 or 3) Retain shares as Ucape (unlisted). Its trading as 43c at the moment so it seems 1. is not popular. Any ideas which option to take?

[topgun]

Obviously no.2 - the event default - so do nothing.

[Lee_1]

Why is it so obvious Topgun?

[topgun]

You are getting 1 AIB for every 5 CAP's - the former has been trading above 250cps for quite a while now and could appreciate further given the favourable projected forward yields.

[Lee_1]

Thanks

[Lee_1]

Thanks