The standard in this space is a 40+% premium to market cap. If it's a non-scrip offer you would expect a higher premium, as holders wouldn't retain exposure to upside.
My point was that there is no difference between having 5 shares on issue and 500 billion. It just changes the ratio of shares (x for y) in a scrip takeover, or the denominator (offer price/SOI) in a cash offer scenario.
All moot though, as IMHO if a deal was going to be done it would've happened before both parties attained debt financing. It would have to be an opportunistic hostile move now, and I u can't see that happening.
The standard in this space is a 40+% premium to market cap. If...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.347M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $9.467K | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 21372187 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 9015625 | 16 |
View Market Depth
| Last trade - 15.48pm 18/06/2025 (20 minute delay) ? |
| VEN (ASX) Chart |