IMO the market has already started to price in the demerger. The vote is arbitrary, it’s happening, the sell down today will be holders who don’t want to be a part of it. I agree with the poster above that suggested the post merge combined share price will be $1.50. Interesting to see where this goes..
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- Ann: Demerger Booklet including Notice of Meeting
Ann: Demerger Booklet including Notice of Meeting, page-8
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Open | High | Low | Value | Volume |
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12 | 95479 | 0.420 |
10 | 45119 | 0.415 |
9 | 134264 | 0.410 |
3 | 74750 | 0.405 |
Price($) | Vol. | No. |
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0.430 | 44257 | 16 |
0.435 | 14303 | 6 |
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