IFN will payout $56.4285 per share of IFN and from my account at scottrade it seems that they accepted all my shares!! So the rights offer was a great deal and I hope to buy some IFN back in time for the dividend after they deposit the money in my account. As of Friday (the day of the offer), the discount on IFN was nearly 12%.
I hope you made some money reading this blog!
The India Fund has made available NAV values for each day of this week. Yesterdays NAV was 53.12, making the price a 15% discount and the repurchase offer even more attractive! I’m going to wait until Friday before I make the decision but it looks like the repurchase offer is likely to be a good bet.
Today in Opera, I can see a new look for the Yahoo! Finance front page (as usual changes have not propagated to the rest of the site and probably never will in Yahoo’s tradition of half-bakedness in updating interfaces). In IE/Firefox, I needed to click the link for the new font page.
The Good I do like the new interface, whose additions include Europe and Asia tabs in Market Summary, Portfolios are conveniently visible alongside recent quotes. There are CD rates visible alongside Mortgage rates and in general a lot more information has been squeezed into the same amount of space without making it feel cramped.
The Bad Attempting to customize the page leads to pages related to the old interface, streaming quotes still do not work in Opera (Yahoo! when will you use your own UI Library????)
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