Investor 2 would have to have already been invested prior to the announcement of the cap raising so it doesn't quite work.
Still the point is taken.
ELD at 25c - 4.4B shares- 1.1B market cap - 200M debt looks a lot more sound than ELD at 40c-800M shares- 320M market cap - 700-800M debt. As long as earnings meet guidance...
latest news, page-117
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Last
$9.02 |
Change
0.045(0.50%) |
Mkt cap ! $1.424B | |||
| Open | High | Low | Value | Volume |
| $8.95 | $9.04 | $8.85 | $835.7K | 93.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1046 | $9.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.02 | 324 | 11 |
View Market Depth
| Last trade - 11.02am 16/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |