look. is easiest to explain by way of an example. if a takeover was announced and succeeded at 50cents per share. then the denominator under (i) 97.5% of 50cents is 48.75cents or under (ii) is the 20 day vwap(lets guess 27cents) plus 50% of 50c minus 27 cents which is 38.5cents. so (ii) is the smaller denominator . which means you get more value..
look. is easiest to explain by way of an example. if a takeover...
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Last
$9.33 |
Change
0.180(1.97%) |
Mkt cap ! $1.474B | |||
| Open | High | Low | Value | Volume |
| $9.14 | $9.35 | $9.02 | $4.178M | 453.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1170 | $9.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.35 | 1542 | 2 |
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| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |