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
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $14.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.195K | 170.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1144922 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2614386 | 9 |
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| Last trade - 11.41am 05/06/2024 (20 minute delay) ? |
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Last
0.7¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 50000 | ||
| Last updated 10.55am 05/06/2024 ? | |||||
| GGE (ASX) Chart |