I see it as 2 issues.
1 raising the money
2 how and to who it is raised from
the first... most of us know it must happen
the second.... issuing discount stock is a wealth transfer process from existing holders to new holders no matter what the share price goes to.
Ann: Trading Halt, page-48
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Last
$1.49 |
Change
0.085(6.05%) |
Mkt cap ! $3.571B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.49 | $1.44 | $8.731M | 5.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 163112 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 171729 | 4 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |