Q: I hold this company and I have heard through the whole process with the MEG acquisition that its assets are not the best quality, and that it doesn't have the liquidity compared to CVS. If this is accurate and you can confirm so, I will not hold it for the long term. The share price has moved up a little since CVS has been solidified as the buyer. SCR is going to (subject to board approval) go ahead with the $10 special dividend. Do you think approval of the dividend is a formality, and once approved the share price will move up further? At what price would you consider the $10 dividend baked into the stock prompting a sell? I assume the stock will drop close to $10 on the X date so perhaps it may make sense to sell prior to qualifying for the dividend? Do you share the sentiments presented in this narrative? Thank you. John
5i Research Answer:
SCR had disclosed in the summer that a special distribution of $10.00 per share if its takeover...