The deal is mostly scrip and is therefore somewhat covered to the downside as BCI's SP falls. The deal is now only valuing IOH at around $1.05 after the fall in BCI's SP.
It is not the merger / takeover that is hurting the price.
Why do people not understand this fact?
Confidence Badly Shaken, page-23
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $865.7M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.8¢ | 30.0¢ | $43.24K | 142.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 376604 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 31924 | 5 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BCI (ASX) Chart |