HRZ's proposed capital reduction is based on the capital raitio between HRZ and RVT (621m/20m) rather than valuation of the capital ($34m/$8m), so HRZ's shareholder will have a capital reduction of 3.2% but receiving RVT's share worth 23% of HRZ's market cap. that's free money.
Ann: Priority Offer RVT IPO Shareholders Letter, page-8
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Last
3.6¢ |
Change
-0.003(7.69%) |
Mkt cap ! $40.26M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.6¢ | $13.97K | 369.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100176 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 156306 | 1 |
View Market Depth
| Last trade - 13.57pm 09/07/2024 (20 minute delay) ? |
| HRZ (ASX) Chart |