quite the opposite i'd say
Any shorters can realize a pretty fat arb, assuming midpoints for both stocks
S ADN @ 17.25
B MEP @ 18.25
Realize a 8.7% return plus the freebie spinoff
Ann: Andromeda and Minotaur to Combine, page-149
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $19.44K | 2.588M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 22052597 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 12135336 | 22 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |