From the recent price, it would seem that the market remains unsure if the Equity 1 bid at 6.7 cents is likely to be successful given a 51% condition. Otherwise, why wouldn't the stock be trading at 6.5 cents and remove any potential arbitrage ? All thoughts welcome.
- Forums
- ASX - By Stock
- What is happening with Equity 1 Bid ?
What is happening with Equity 1 Bid ?
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)