GNC 1.57% $8.41 graincorp limited

What does the de-merger mean?

  1. 6 Posts.
    I'm very interested in the de-merger, particularly the malt side of it.
    I've read that GNC will give 1 share of UMG for every GNC share held.What will this do to the share price?
    Is now a good time to buy UMG stock or wait until it's listed on the ASX?
 
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$8.29 $8.41 $8.26 $3.301M 394.6K

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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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$8.40
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