MRZ is currently trading around 0.47.
MGR have offered $0.50 per MRZ security plus 1 merged Mirvac security for every 3 MGR held in excess of 20000 or 1 merged security for every 3 MRZ units. They will also pay 1cent div.
As I see it,if the takeover is successful (which is close to certain, unless there is a superior offer;if you purchase 20000 units at this price, you are guaranteed a 4cent per unit profit (i.e.close to 8%). Alternatively you can accept a 1 for 3 scrip offer. The deal will be completed by early December.
Am I missing something?
- Forums
- ASX - By Stock
- trading well below takeover offer
MRZ is currently trading around 0.47.MGR have offered $0.50 per...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.2¢ |
Change
0.002(4.00%) |
Mkt cap ! $4.421M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.2¢ | $5.266K | 101.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.052 |
1 | 177151 | 0.050 |
1 | 10017 | 0.043 |
1 | 30333 | 0.032 |
1 | 32290 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 100000 | 1 |
0.061 | 742637 | 1 |
0.066 | 25000 | 1 |
0.068 | 25000 | 1 |
0.088 | 90000 | 1 |
Last trade - 13.27pm 17/09/2024 (20 minute delay) ? |
Featured News
MRZ (ASX) Chart |