Gongboy, as the CBs are in the money they're currently trading at about 110/111 (last check, my fund has a few). As such they're basically offering to pay the current market price. It doesn't effect the terms of the merger because if the bonds are converted existing holders will be diluted instead.
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $308.3M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $50.08K | 262.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 235683 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 911764 | 11 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| HZN (ASX) Chart |