One problem about a company making an acquisition or merger with all or a lot of scrip is that after the escrowed period the selling of those shares may place downward pressure on the SP. I suspect that there would be no rush to sell those shares - rather the wish to wait for SP to increase.
Ann: Release of securities from escrow, page-2
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $761.4M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.0¢ | $170.0K | 373.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 8468 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PGC (ASX) Chart |