Am I reading this demerger doc right, GGE will sell assets and gift loyal shareholders 2.55c (in shares) per current share held??
I know I have had a long day, but this seems too good to be true. Please correct me here but for every 1,000 shares we will receive additional shares valued at $25.00 and keep our 1,000 GGE shares which will obviously be worth less than current value.
Can't quite rationalize this out yet.....does not compute.
Demerger
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $9.380M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $300 | 119.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 28918674 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6066692 | 4 |
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| Last trade - 10.36am 28/11/2024 (20 minute delay) ? |
| GGE (ASX) Chart |
