I was only just thinking on this regarding cap raises in general. Rights issue pulls share price back to offer price, which is an over-reaction as the dilution does not warrant such a fall. You could just pick up at the lower price, however that would nullify the point of the raising for the business. I figure to take the offer and top up at market for any over-subscription I may be thinking of.
Ann: A$20.4M FULLY UNDERWRITTEN RENOUNCEABLE RIGHTS ISSUE, page-371
-
- There are more pages in this discussion • 98 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.2¢ | $566.0K | 17.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4015802 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 11163134 | 26 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |