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share value after the dividend is paid

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JA
New Contributor
Thankyou KIM for the assistance. What are your thoughts regarding the share value after the dividend is paid - is it still worth buying at 22100.
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Extract from Shareholders cicular:...7. EFFECT OF THE DISPOSAL ON THE LISTING OF THE COMPANY The disposal will result in the company being classified as a "cash shell" in terms of the Listings Requirements and should it, within a period of six months after such classification, fail to enter into an agreement relating to the acquisition of viable assets that satisfy the conditions for listing in the Listings Requirements, its listing will be suspended. Should the company within a further period of three months after the suspension of the listing fail to have approved by the JSE a circular relating to the acquisition of viable assets, the listing will be terminated...i.e unless it buys something else of value within the next 9 months it will be delisted..doesn't seem like a very good investment...OMO
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