Z'ster the 3 for 2 ratio is fixed regardless...an efficient market would be shorting PLT at these levels and going long FER thereby locking in a substantial profit should the merger complete...infact if you belive that PLT needs to quickly raise capital in the event that the merger does not complete you could be provided a natural hedge against the PLT short position!
question, page-2
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Last
66.5¢ |
Change
-0.020(2.92%) |
Mkt cap ! $116.5M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 68.0¢ | 65.0¢ | $11.13K | 16.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4054 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 8476 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PLT (ASX) Chart |