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?
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MRZ is currently trading around 0.47.MGR have offered $0.50 per...
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Last
7.2¢ |
Change
0.011(18.0%) |
Mkt cap ! $6.122M |
Open | High | Low | Value | Volume |
6.8¢ | 7.2¢ | 6.8¢ | $7.088K | 103.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 182991 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 182991 | 0.068 |
1 | 100000 | 0.067 |
1 | 55842 | 0.060 |
1 | 18198 | 0.055 |
1 | 180000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 50000 | 1 |
0.090 | 2631 | 1 |
0.091 | 55000 | 1 |
0.150 | 3890 | 1 |
0.175 | 3137 | 1 |
Last trade - 15.23pm 28/06/2024 (20 minute delay) ? |
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