Obviously ADN will do a capital raising next year, and, similarly, I think it's somewhat safe to presume it will be via a rights issue - to existing s/holders.
I also presume that it will be a renounceable rights issue but do any intelligent HotCopper posters (oxymoron?) see any benefit in a non-renounceable issue for ADN?
Similarly, I believe that most renounceable rights issues are underwritten. Do most experienced investors agree that this is the case?
ADN Capital Raising, page-29
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $23.32K | 1.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1890036 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 482157 | 4 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.9¢ |
Change
0.000 ( 4.04 %) |
||||
| Open | High | Low | Volume | ||
| 1.9¢ | 2.0¢ | 1.9¢ | 2567176 | ||
| Last updated 15.44pm 07/06/2024 ? | |||||
| ADN (ASX) Chart |