I think you are missing the point.
The offer, was made for shares which were valued at more then they are today. It's extra billions that existed in the ether months ago. It wasn't cash, it cost MIN next to nothing.
Ann: Lockyer-2 gas appraisal well results, page-8
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Last
$51.87 |
Change
-0.790(1.50%) |
Mkt cap ! $10.19B | |||
| Open | High | Low | Value | Volume |
| $51.60 | $52.19 | $51.32 | $89.84M | 1.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1300 | $51.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.94 | 19 | 1 |
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| MIN (ASX) Chart |