DYOR:
Correct, but spot price is not critical to the transaction ratio as spot goes up both DYL/VMY share prices also go up, we are interested in the ratios.
For example:
Offer ratio was 3.74
Current trading ratio is: 4.04 (=97/24)
Trading ratio needs to be below offer ratio of 3.74 for VMY to be trading at a premium to offer.
Ann: Trading Halt, page-36
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Last
99.5¢ |
Change
0.015(1.53%) |
Mkt cap ! $964.6M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.02 | 98.8¢ | $3.256M | 3.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 5852 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |