Am I reading this demerger doc right, GGE will sell assets and gift loyal shareholders 2.55c (in shares) per current share held??
I know I have had a long day, but this seems too good to be true. Please correct me here but for every 1,000 shares we will receive additional shares valued at $25.00 and keep our 1,000 GGE shares which will obviously be worth less than current value.
Can't quite rationalize this out yet.....does not compute.
Demerger
Add GGE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $7.201K | 1.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 14901960 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 422640 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.6¢ |
Change
0.000 ( 8.33 %) |
||||
| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 627360 | ||
| Last updated 11.17am 16/05/2024 ? | |||||
| GGE (ASX) Chart |