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.
How do you put a value in the demerged new co? The market...
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Last
31.3¢ |
Change
-0.008(2.34%) |
Mkt cap ! $37.28M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 31.0¢ | $83.22K | 267.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5570 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 44552 | 1 |
View Market Depth
| Last trade - 15.59pm 14/06/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
-0.008 ( 2.45 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.5¢ | 31.0¢ | 58992 | ||
| Last updated 15.46pm 14/06/2024 ? | |||||
| TOE (ASX) Chart |