No cash will be coming to the shareholders existing cash will be apportioned to each entity to ensure each entity starts net cash positive, current share holders simply get a share of each entity 1:1 simple and easy. every analysis out there seems to love the idea. While currently WEB sits at a pretty rich valuation, the market is valuing the future growth and potential takeover premium of the two demerged entities quite highly. Hopefully they are right but not sure I would be buying any more at this price but would if the market pulls back a bit.
No cash will be coming to the shareholders existing cash will be...
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Last
$8.98 |
Change
-0.030(0.33%) |
Mkt cap ! $3.505B | |||
| Open | High | Low | Value | Volume |
| $9.06 | $9.06 | $8.95 | $11.79M | 1.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5381 | $8.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.00 | 1178 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WEB (ASX) Chart |