Whatever the structure of the return is, holders are still left holding a shell company that will be illiquid. If multiple Holders are trying to sell the rump of this deal, into a thin bid, the risk or losing considerable money is real. Holders are selling now because Arcadia wa the A game and the only game. That’s gone. No one wants to play B game which is what you are left with if holding till deal completion.
On -Market SHARE BUYBACK & PSC will never again trade below $1, page-3
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $67.01M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $13.66K | 101.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 285229 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 8853 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PSC (ASX) Chart |