No, in some of the other companies I’ve held, existing shareholders are given in-specie shares in new company based on a certain % of existing holdings ~ equal to value it would subtract from parent company!
so existing shareholders are not disadvantaged by any means and there is a huge potential for both companies to rise independently of each other.
Ann: Hot Chili Submits Second Maritime Application, page-16
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Last
95.0¢ |
Change
-0.025(2.56%) |
Mkt cap ! $146.0M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.00 | 95.0¢ | $106.8K | 110.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 27384 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 2336 | 4 |
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| Last trade - 12.47pm 11/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |