It's scrip, not script.
The US$400m equity value is pure fantasy with an understanding of how these SPAC transactions work - redemption rate would be astronomical given the proposed premium at which point it just becomes an effective redomiciliation.
I am amazed this is still up 20% on the back of this "deal".
It's scrip, not script. The US$400m equity value is pure fantasy...
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $133.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 27.0¢ | $86.47K | 316.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 149532 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 56418 | 3 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 27.5¢ | 27.5¢ | 27.0¢ | 131433 | ||
| Last updated 15.58pm 24/05/2024 ? | |||||
| ARR (ASX) Chart |