Whether you are lost or not, the premium will be paid by the company offloading in this case SUN not BEN.
BEN already has a banking license and as the purchaser would expect a (30% haircut premium for taking the asset), effectively a 30% discount offered by SUN.
Why would BEN pay a premium for a distressed SUN banking license? It would expect to pay a 30% discount.
The SUN banking license has been a disaster since Metway Bank was dissolved and the insurers controlled SUN.
the idea of BEN pay8ng anything less than a 30% discount is fanciful, fairies at the bottom of the garden stuff.
Dividend and Capital Return, page-18
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Last
$16.25 |
Change
0.050(0.31%) |
Mkt cap ! $20.67B | |||
| Open | High | Low | Value | Volume |
| $16.20 | $16.28 | $16.12 | $24.62M | 1.517M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6106 | $16.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.25 | 6776 | 3 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$16.25 |
Change
0.050 ( 0.06 %) |
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| Open | High | Low | Volume | ||
| $16.24 | $16.27 | $16.12 | 519775 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SUN (ASX) Chart |