I'm very new to investing and the share market, so i do apologize for what is probably a silly question.
If this is approved and goes ahead, how does it effect my shares?
I have in my head that Company "A" buys Company "B", where "B" is merged in to "A",
I get $1.70 x my share holding, transferred to the equivalent holding of "A".
But this doesn't sound like that kind of deal/arrangement. Could someone please clarify this for me?
(P.S. I feel in that scenario, $1.70 is too low)
I'm very new to investing and the share market, so i do...
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Last
$1.70 |
Change
-0.030(1.73%) |
Mkt cap ! $638.8M | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.73 | $1.70 | $97.91K | 57.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 294 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 1072 | 1 |
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| IFM (ASX) Chart |