Q: This was supposed to be a no lose scenario: buy ALA.r get the dividend and if the deal goes through the receipts convert to regular stock, which was supposed to rally because the transaction closed, if not get your the money back and keep the divident
Since then, it's on a free fall, the deal closed but shares continues to drop daily. Can it maintain 10% yield?
Since then, it's on a free fall, the deal closed but shares continues to drop daily. Can it maintain 10% yield?