"The TAH $3 billion in shares comes with $3 billion worth of value to BET"
Say this sentence, aloud, 3 times. Maybe 10.
$3 billion in shares does not grow on trees. This is a dilution of capital. A $1 billion company cannot just make $3 billion out of thin air. There is a trade-off here you don't understand, and it's equal to the issuance of new shares at a VWAP to 10 days at the mind boggling figure of $3 billion
Not sure if I can be any more clear or holders are just praying and can't read nor understand the consequences of this transaction
- Forums
- ASX - By Stock
- BET
- Ann: BetMakers submits proposal to acquire Tabcorp assets
Ann: BetMakers submits proposal to acquire Tabcorp assets, page-537
-
- There are more pages in this discussion • 211 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BET (ASX) to my watchlist
|
|||||
Last
9.0¢ |
Change
0.002(2.27%) |
Mkt cap ! $86.86M |
Open | High | Low | Value | Volume |
8.7¢ | 9.0¢ | 8.7¢ | $62.42K | 700.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600000 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 600000 | 0.087 |
2 | 123312 | 0.085 |
1 | 12000 | 0.083 |
3 | 79975 | 0.082 |
1 | 40000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 100000 | 1 |
0.091 | 57417 | 2 |
0.092 | 40724 | 1 |
0.093 | 107500 | 3 |
0.094 | 1061206 | 4 |
Last trade - 15.19pm 14/08/2024 (20 minute delay) ? |
Featured News
BET (ASX) Chart |