AMM 0.00% 1.7¢ armada metals limited

"The offer isn't priced like that anyway. There's no cash...

  1. 751 Posts.
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    "The offer isn't priced like that anyway. There's no cash component at all. The offer is a pure scrip exchange at 0.4614 Vocus shares for each Amcom share. Back when the offer was made, that equated to $2.45. But Vocus share price has changed in the meantime.

    Vocus shares are now trading at $6. If you multiply $6 by 0.4614 you'll get the current takeover valuation of Amcom shares, which is $2.7684.

    Surprise, surprise... that's roughly what Amcom shares are trading at!

    You will find that the Amcom price will be pretty much stapled to the Vocus share price until the transaction is complete."

    That is how I see it too.
    Last edited by oldnrooted: 10/04/15
 
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Last
1.7¢
Change
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Mkt cap ! $3.536M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 76932 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 200000 1
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Last trade - 16.12pm 28/03/2024 (20 minute delay) ?
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