There's no chance the raise is going to be above the last trading price. No one would participate, especially given the raise appears to be to keep the company on its feet. It's not like they are raising to expand or grow. My guess is a $100m raise at $2.50-3. That's some serious dilution.
Ann: Trading Halt, page-10
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Last
$9.25 |
Change
0.060(0.65%) |
Mkt cap ! $3.618B | |||
| Open | High | Low | Value | Volume |
| $9.14 | $9.25 | $9.09 | $8.188M | 889.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28964 | $9.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.27 | 3491 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WEB (ASX) Chart |