look. is easiest to explain by way of an example. if a takeover was announced and succeeded at 50cents per share. then the denominator under (i) 97.5% of 50cents is 48.75cents or under (ii) is the 20 day vwap(lets guess 27cents) plus 50% of 50c minus 27 cents which is 38.5cents. so (ii) is the smaller denominator . which means you get more value..
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$6.56 |
Change
0.030(0.46%) |
Mkt cap ! $1.247B | |||
| Open | High | Low | Value | Volume |
| $6.56 | $6.58 | $6.49 | $4.245M | 648.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1065 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.59 | 1875 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| ELD (ASX) Chart |