MRZ is currently trading around 0.47.
MGR have offered $0.50 per MRZ security plus 1 merged Mirvac security for every 3 MGR held in excess of 20000 or 1 merged security for every 3 MRZ units. They will also pay 1cent div.
As I see it,if the takeover is successful (which is close to certain, unless there is a superior offer;if you purchase 20000 units at this price, you are guaranteed a 4cent per unit profit (i.e.close to 8%). Alternatively you can accept a 1 for 3 scrip offer. The deal will be completed by early December.
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Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.486M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| MRZ (ASX) Chart |
Day chart unavailable