People are taking advantage of the situation. You buy 1 share for 1.7, and you get back 1.4, at the end of the day, the share cost you 1.7-1.4 = 0.3 cents. It will keep on rising/falling until the market correctly values the end state of the company.
Ann: PBH Recommends Fanatic's Improved Proposal of US$225 million, page-37
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 (20min delay)
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Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $144.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.5¢ | 43.8¢ | $117.2K | 262.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 85341 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 91494 | 27 |
View Market Depth
| Last trade - 13.49pm 16/05/2024 (20 minute delay) ? |
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Last
45.3¢ |
Change
0.005 ( 3.62 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 45.5¢ | 44.0¢ | 112662 | ||
| Last updated 14.17pm 16/05/2024 ? | |||||
| PBH (ASX) Chart |