"Through one of its subsidiaries, Merck (NYSE: MRK) has proposed a takeover of Viralytics for A$1.75 per share after market close in Australia, with Viralytics shares finishing down around 2% at $0.615 per share at the closing bell.
"Merck has opted to pay a 160% premium to the one month volume weighted average price (VWAP) for Viralytics primarily due of its lead development candidateCAVATAK, a clinical-stage immunotherapy with strong potential to treat several different cancers including melanomas."
You just never know.
https://**promotion blocked**.com.au/merck-breakthrough-oncolytic-immunotherapy-developer-viralytics/
How would you have felt selling on the day before at 61.5c! to see $1.75 next morning CASH.
So in fact whilst it was 160% on VWAP, it was 184.5% on the close
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.28M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $29.18K | 176.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66467 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 65000 | 1 |
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| Last trade - 15.59pm 25/07/2025 (20 minute delay) ? |
| CYP (ASX) Chart |