Why stuff around and take up the offer. Much easier to just buy the shares on market now for roughly the same price.
It actually would not surprise me if the share price falls below the offer price at some point.
Thankfully the offer is underwritten, so Norwood will raise the money if holders take up the offer or not...
Ann: Dispatch of Offer Document, page-4
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 51405 | 1 |
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