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?
The deal is mostly scrip and is therefore somewhat covered to...
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $648.9M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.8¢ | 22.0¢ | $13.51K | 60.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 156783 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1518 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BCI (ASX) Chart |