Looks like we essentially have an option on the PAR share price. If they go up, the split offer becomes more valuable. If they go down, the cash offer provides a floor (assuming the deal goes through). Definitely some benefits to waiting.
The 18% mixed consideration requirement, seems to align with the 18% owned by Houden interests. Maybe they have pinkie promised to go mixed. Still looks like an obvious risk - if PAR's share price collapses who is going to want mixed consideration?
Looks like we essentially have an option on the PAR share price....
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Last
86.0¢ |
Change
0.005(0.58%) |
Mkt cap ! $306.4M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 86.0¢ | 85.5¢ | $437.9K | 509.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 115808 | 6 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
| TSK (ASX) Chart |