Looks like you are the only one doing any research here Sentia717.
In recognition of that I am going to put a laymans figure on the merger entities price.
The NTA of IND would suggest a price of a quarter of the last traded price.
Divide that by 2 given the merged entities.
Then add in a value for New Era's assets.
My guess pre consolidation 0.004.
Ann: Indus to proceed with New Era transaction, page-12
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $13.49M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $6.008K | 34.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43425 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 44743 | 2 |
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| Last trade - 15.45pm 03/09/2024 (20 minute delay) ? |
| IND (ASX) Chart |