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7.14%

1.5¢ armada metals limited

Merger Price 2.45 - OK or not?, page-7

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rudders

934 Posts.

27/04/15

08:54

Post #: 15159653
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Originally posted by TerribleTadpole ↑

Assuming that all the voting, legal and regulatory obstacles are negotiated successfully, the completion date is now only about three weeks away.

Keep your eyes open for trading opportunities if Amcom and Vocus share prices get out of line with the changeover ration of 0.4614 Vocus for each Amcom. If Amcom shares drop significantly below that level compared to Vocus you could buy up on Amcom and get a bonus from the exchange. Similarly, if Amcom shares rise significantly above the exchange rate you could sell your Amcom and buy Vocus and be better off than if you'd waited for the deal to go through.

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I have thought about that, but you have to consider tax implications, depends on how much you bought AMM for, and how long you have held them. I bought cheaply so CG tax would prob outweigh any gain, so frustratingly I have watched many ops pass.

AMM Price at posting: $2.69 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.5¢		Change 0.001(7.14%)		Mkt cap ! $3.12M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$480	31.98K

Buyers (Bids)

No.	Vol.	Price($)
2	555374	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	55462	1

View Market Depth

No.	Vol.	Price($)
2	555374	0.014
2	103846	0.013
1	3000000	0.012
2	323680	0.011
1	100000	0.010

Price($)	Vol.	No.
0.015	55462	1
0.020	60000	1
0.022	121010	1
0.023	325000	1
0.039	24000	1

Last trade - 14.29pm 27/06/2024 (20 minute delay)

AMM (ASX) Chart