Cheap + cheap still = cheap.
As a HZN holder, this is not too exciting. Looks like a great deal for the lawyers/bankers etc, good for management, no real change for shareholders.
Maybe the increased market cap will make them more attractive, but still not that compelling.
merger of equals, page-10
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $300.2M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $210.4K | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 1725106 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 235956 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |