Because ROC is trading at a significant premium to HZN when the...

  1. 209 Posts.
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    Because ROC is trading at a significant premium to HZN when the takeover ratio is taken into account.

    If ROC buyers believed the merger is happening, it would be much cheaper for them to buy HZN shares, ie they would get more mergeco shares for their buck by buying HZN
 
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Last
8.7¢
Change
0.001(1.16%)
Mkt cap ! $10.52M
Open High Low Value Volume
8.7¢ 8.7¢ 8.7¢ $196 2.253K

Buyers (Bids)

No. Vol. Price($)
1 11843 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 37747 1
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
ROC (ASX) Chart
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