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
53.0¢ |
Change
0.010(1.92%) |
Mkt cap ! $172.5M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 53.5¢ | 51.5¢ | $751.7K | 1.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 84176 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 128501 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
53.0¢ |
Change
0.010 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| 52.5¢ | 53.5¢ | 51.5¢ | 417801 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| PBH (ASX) Chart |