Hi Goodie, there is likely to be a transition period, so if you exit on day 1 after delisting there will still be a discount that accrues to the remaining holders. One example that I have seen was 7.5% discount if you exit in the first 3 mths, then 5% for 3 to 6 mths etc.
However, that said, it is a good margin of safety and I have topped up a couple of times. I am also scratching my head as to why the discount persists at approx. 12% even after the plan has been announced.
Hi Goodie, there is likely to be a transition period, so if you...
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Last
$1.52 |
Change
0.005(0.33%) |
Mkt cap ! $151.2M | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.52 | $1.52 | $20.20K | 13.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2842 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 2397 | 1 |
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| Last trade - 13.58pm 07/05/2024 (20 minute delay) ? |
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Last
$1.52 |
Change
0.005 ( 0.33 %) |
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| Open | High | Low | Volume | ||
| $1.52 | $1.52 | $1.52 | 443 | ||
| Last updated 13.58pm 07/05/2024 ? | |||||
| FOR (ASX) Chart |