This could be an entirely inaccurate calculation, but as of close today, Market Cap is about $965m with about 2.1b Shares on Issue (SOI).
Post raise at the stated 35c price (which is just lame performance by management), to raise $215m, as @PeterBills mentioned above, there'll be extra ~615m shares added. New indicative SOI would be 2.1b + 0.615 = 2.6867b
So assuming market cap stayed the same, $965m / 2.6867 = $0.36
Far out... is that the opening price we are expecting tomorrow? Pretty sure I missed out a lot of things, but sigh...
They're at it again...bloody shorters, page-52
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.65 |
Change
-0.210(1.63%) |
Mkt cap ! $3.782B | |||
| Open | High | Low | Value | Volume |
| $12.60 | $12.80 | $12.56 | $23.49M | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | $12.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.66 | 3571 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |