can someone explain how $6.75 is a 31% discount to the market price on 5th april???
"Summit and Areva based their discussions around a common objective of creating a long term mutually beneficial relationship. Based on those discussions, the board of Summit is confident that Areva will take up its entitlement to 18% of the shares in Summit, at which point Areva will have acquired its shares at an average price of A$6.75 – a 31% premium to the closing price of Summit shares on 5 April 2007."
did i miss some transactions and some selling opportunities???
andrewe
can someone explain how $6.75 is a 31% discount to the market...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.031M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $99.24K | 5.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4251205 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 292576 | 1 |
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| Last trade - 15.50pm 18/06/2025 (20 minute delay) ? |
| SMM (ASX) Chart |