That's the way I read it. I like this move from TAH, I think it will unlock some takeover potential for both demerged companies. Crown will be thinking about getting the Casino company at some point.
Shareholders should get 1 share in each company. There is a 1 for 9 renouncible rights issue prior to this though happening now. I think people will take this up at $6.25.
Hopefully this will start to get TAH moving forward again and unlocking some value from the business.
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Last
62.5¢ |
Change
-0.020(3.10%) |
Mkt cap ! $1.427B |
Open | High | Low | Value | Volume |
64.0¢ | 64.3¢ | 62.5¢ | $3.810M | 6.048M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 143412 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.5¢ | 13425 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 133412 | 0.620 |
4 | 44886 | 0.615 |
8 | 552248 | 0.610 |
4 | 33180 | 0.605 |
25 | 123094 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.635 | 13425 | 1 |
0.640 | 167106 | 3 |
0.645 | 18700 | 2 |
0.655 | 95000 | 2 |
0.660 | 121685 | 6 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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TAH (ASX) Chart |