Gongboy, as the CBs are in the money they're currently trading at about 110/111 (last check, my fund has a few). As such they're basically offering to pay the current market price. It doesn't effect the terms of the merger because if the bonds are converted existing holders will be diluted instead.
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $209.0K | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1228333 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 293291 | 7 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| HZN (ASX) Chart |
