As pointed out by stardestr0yer in another forum, is Vitaco a likely risk-free return if purchasing at $2.07 today and holding until implementation of the Scheme?
SCHEME IS ACCEPTED
1. Purchase 7/09/2016 at $2.07
2. Vote on Scheme in November 2016
3. Scheme is accepted (most likely scenario)
4. Shareholders receive $2.25 per share upon implementation of Scheme in December 2016 (8.7% return)
SCHEME IS REJECTED
1. It is clear that Vitaco is worth at least $2.25 a share
2. Share price may retreat, but should return above $2.07 in the near term
Is it likely that the share price will move towards $2.25 as we approach November?
Any input is appreciated! The above is a hypothetical scenario and is proposed for discussion purposes only.
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Last
6.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.70M |
Open | High | Low | Value | Volume |
6.7¢ | 6.8¢ | 6.6¢ | $12.13K | 182.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 296978 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 455688 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 296978 | 0.066 |
5 | 159410 | 0.065 |
1 | 30000 | 0.064 |
1 | 200000 | 0.063 |
1 | 81600 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 455688 | 2 |
0.069 | 222883 | 2 |
0.070 | 268734 | 3 |
0.074 | 18000 | 1 |
0.085 | 40000 | 1 |
Last trade - 15.33pm 12/09/2025 (20 minute delay) ? |
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