HAW 0.00% 5.8¢ hawthorn resources limited

trading halt, page-31

  1. 7,418 Posts.
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    On todays prices, HAW is 0.6c and LCY is 9.8c. Hypothetically, if LCY were to do a takeover, they may offer 1 LCY share for every 10 HAW shares which would value HAW shares at 0.98c. That is just an example of how any takeover may work, there would almost always be a premium to the current share price otherwise why would shareholders accept it. Hope that clears things up.
 
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