PA
Particularly if IT does not have the cash to fund any rights issue for his own holding and thus would be diluted.
From a purely theoretical point, if the price is $1 and they raise $200m or 40 cents and they raise $200m, if the capital is raised via an entitlement offer, then there is no difference in the dilution you get as a shareholder. You still have the same % interest in NXS and have outlaid the same cash.
come on crux farmout, page-7
-
- There are more pages in this discussion • 16 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 NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
-0.015(7.50%) |
Mkt cap ! $54.04M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $9.1K | 47.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43896 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 3355 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |