CBH 0.00% 6.7¢ coolabah metals limited

Can anyone please confirm if this is right? After announcement...

  1. 480 Posts.
    Can anyone please confirm if this is right? After announcement of merger if PEM's market price jump to 1.5 then assuming the ratio is 2:1 (2CBH to 1 PEM), then CBH shoulg trade around 75 cents?
 
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No. Vol. Price($)
1 25622 5.7¢
 

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Price($) Vol. No.
7.3¢ 165803 1
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Last trade - 10.32am 26/07/2024 (20 minute delay) ?
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