They have sold the US division for $225 million US. They have approximately $200 million AUS in the bank. They are getting a portion of that $225 now and the rest upon settlement. So PBH will take the money they get now and the $200 Aus and pay back shareholders. So it will be approx $400 million Aus divided by the 300 million shares on issue. So each share will receive approx $1.40 ish per share. So once they have have paid that out the value of the company ( share price) will drop in line with the $400 million. So current share price will drop to approximately the payout. The market will then decide via share price what the company is worth going forward....
They have sold the US division for $225 million US. They have...
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Last
88.5¢ |
Change
0.050(5.99%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 89.8¢ | 82.5¢ | $1.601M | 1.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14669 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 320 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PBH (ASX) Chart |