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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$1.61 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 1111 | $1.58 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 18726 | 1 |
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