By buying shares at 48.5c you're essentially paying 5.5c per share for the remaining business (assuming the 14c dividend and the 29c return of capital goes through).
- Equivalent Share Price: 5.5c
- Shares On Issue: 143.6 million
- Debt: $0
- Cash: $21m
- Market Cap: $7.9m
Regardless of what you think of the final business, if you think the sale is going to go through this is a no brainer.
News: ELX Lumibird Aims To Aquire Ellex’S Laser And Ultrasound Business By Mid-2020, page-9
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.91M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 24.0¢ | $110.1K | 458.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 432506 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 169560 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| EYE (ASX) Chart |