I think the merger is pretty much a done deal. It seems to me to be highly beneficial to both companies to merge.
As to why WCG trading at a premium to 5GN I am not so sure. The free float of WCG is a lot less than 5GN. Therefore trades have a bigger impact on the share price. I don't necessarily think that the combined 5GN/WCG entity will trade at whatever WCG is when they merge.
I think the merger is pretty much a done deal. It seems to me to...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.23M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 306767 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 395528 | 4 |
View Market Depth
| Last trade - 09.45am 29/05/2024 (20 minute delay) ? |
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Last
18.0¢ |
Change
0.000 ( 5.88 %) |
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| Open | High | Low | Volume | ||
| 17.5¢ | 18.0¢ | 17.5¢ | 243000 | ||
| Last updated 10.01am 29/05/2024 ? | |||||
| 5GN (ASX) Chart |
Day chart unavailable