Shares & Derivatives
When an Exit Becomes an Investment Opportunity
By Lizardo Realm (Investment)  •  March 2, 2016
Zagro has been delisted. Yet again, I've lost another decent dividend paying stock in my portfolio. I had acquired 16,000 shares in Feb 2012. This was followed by a rights issue in Aug 2012 where I accumulated another 5,000 shares. Each year thereafter, it has issued dividends annually. I guess I'm lucky that there was still profit to be made from the exit offer. In all, the annualised internal rate of return was 11.5%. So overall, a tidy profit. Time to move on. Nice to have a small bundle of spare cash in this rich market of opportunities. Am I a perennial bull or what? Pick, pick, pick....
Read the full article
By Lizardo Realm (Investment)
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance