How do you put a value in the demerged new co? The market decides the MC, however, there's no trading thus no price tag.
I reckon the demerge will come with a M&A for the uranium business. Let's say $0.8 a share and shareholders still hold shares in the demerged assets.
The SP is manipulated and suppressed for the takeover, to make the offer look like a bigger premium.
Ann: Toro to demerge Non-Core Assets, page-68
Add TOE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.69M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 31.5¢ | $23.56K | 73.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 70000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 10957 | 1 |
View Market Depth
| Last trade - 13.29pm 08/07/2024 (20 minute delay) ? |
| TOE (ASX) Chart |