Hey guys, I checked WEB's announcement. They will raise in total $346m and the current Market cap is $398m, which means the number of shares will be roughly doubled.
Before this equity raising, I'm thinking, ok, WEB was around $8.5 and now is only $2.6. It will go back to $7 or $8 once the business back. But after WEB doubled its number of shares, the price will be back to something around $4 when the business back?
I'm not sure if my understanding is correct. Please let me know. Thanks.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.49 |
Change
0.015(0.34%) |
Mkt cap ! $1.618B | |||
| Open | High | Low | Value | Volume |
| $4.45 | $4.52 | $4.43 | $7.475M | 1.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 24298 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.49 | 3569 | 9 |
View Market Depth
| Last trade - 13.34pm 08/08/2025 (20 minute delay) ? |
| WEB (ASX) Chart |