Nonsense
Spin-offs and split-offs can be preceded by an IPO in which a portion of the share of the subsidiary is sold to the public, with the proceeds either retained by the subsidiary or distributed to the parent. This is called a carve-out.The significant difference with this type of demerger is that it results in an injection of cash whereas spin-offs and splits do not.
NonsenseSpin-offs and split-offs can be preceded by an IPO in...
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Last
31.8¢ |
Change
-0.013(3.79%) |
Mkt cap ! $36.08M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 30.0¢ | $151.2K | 495.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1930 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 20265 | 3 |
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| Last trade - 11.30am 31/07/2024 (20 minute delay) ? |
| TOE (ASX) Chart |