Shouldn’t that be a good thing though? If the shareholders who aren’t enticed/interested in the merger redeem then the remaining who don’t redeem will have a larger proportion of the vote so more likely to be successful.
While I understand it currently shows the confidence level is low due the the redeemed shares and thus the SP has dropped, shouldn’t this benefit the voting for the merger?
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4.7¢ |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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No. | Vol. | Price($) |
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1 | 490 | 0.047 |
4 | 232739 | 0.046 |
7 | 464344 | 0.045 |
5 | 117848 | 0.044 |
1 | 2500 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 12500 | 1 |
0.049 | 21276 | 1 |
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