In some parts of the world, new share issues are done at premium to current share price.
Is it not logical that CHN could conduct an issue at a premium given that any insto that wanted a sizeable block now, it would have to pay up?
I wonder if this would set a precedent. Come on Alex! Dyor
CAPITAL RAISE STORY, page-5
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Last
$1.13 |
Change
0.055(5.14%) |
Mkt cap ! $437.6M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.13 | $1.04 | $3.198M | 2.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35600 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 18808 | 2 |
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| CHN (ASX) Chart |