Hancock

51.65

+0.0000

Volume:- -

Turnover:- -

Market Cap:4.41B

PE:18.73

High:51.65

Open:51.65

Low:51.65

Close:51.65

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investment portfolio to Hancock & Gore , via an all-scrip deal at an issue price of AU$0.30 per share, in the absence of a superior proposal, and taking into account an independent expert's evaluation, according to a Wednesday filing with the Australian bourse.The deal values H&G High Conviction's assets at AU$1.00 per share, with an estimated distribution ratio of 3.24 of the company's shares for every Hancock & Gore share, the filing said.Post-transaction, the enlarged Hancock & Gore is expected to have a market capitalization of about AU$150 million, the filing added.The H&G High Conviction's shareholders are set to vote on the proposed divestment at the extraordinary general meeting on April 11, and the deal is expected to be completed by April 17, the company said.Shares of Hancock & Gore rose past 15% in recent Wednesday 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