The CR will be confirmation that they are picking up an asset with a current enterprise value well north of $400m for just $240m
Its a CR that adds value.
If it was CR to get some working capital for day to day ops like the last one, then it would likely be the case to see a drop.
Some however may need to fund the 36c purchase with current share sale. That is an unknown.
Just my opinion
Cheers
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Last
$2.61 |
Change
0.030(1.16%) |
Mkt cap ! $7.859B |
Open | High | Low | Value | Volume |
$2.61 | $2.65 | $2.60 | $11.11M | 4.213M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 164229 | $2.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.62 | 171241 | 46 |
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No. | Vol. | Price($) |
---|---|---|
4 | 34415 | 2.610 |
38 | 191303 | 2.600 |
28 | 229249 | 2.590 |
50 | 210423 | 2.580 |
22 | 250897 | 2.570 |
Price($) | Vol. | No. |
---|---|---|
2.620 | 188825 | 43 |
2.630 | 151812 | 18 |
2.640 | 257738 | 21 |
2.650 | 309913 | 32 |
2.660 | 237875 | 13 |
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