Market has not factored 5GNs 46% investment in WCG. The combined mc of both companies is currently about $195m. Post merger there SOI will be 314m which amounts to 62c per WCG share. So for 5GN holders, the sp should be at least $1.24 based on 2 for 1 issue.
Appears to be some mis pricing atm.
The merger is win win for both companies.
Ann: WCG:Presentation - Webcentral and 5G Networks Agree to Merge, page-59
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 15.0¢ | $55.87K | 372.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6571268 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1853295 | 21 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |