VERIFIEDMint Markets·29 Jun 2026negative

Astral share price slips 10% after demerger announcement. Should you buy or sell?

AI Summary

·Astral announced a demerger of its chemical business into a separate entity, Astral Chemie.
·The demerger ratio has been set at 1:1, meaning shareholders will receive one share of Astral Chemie for every share of Astral they hold.
·The Astral share price experienced a 10% decline following the announcement.