Hi @Navb
They are aiming to increase shares in issue by 12.5% and raise $840M over 5 years for the shareholder 1 for 8 listed options.
The listed options and the 10M unlisted options for employees will increase shares on issue by approximately 18%.
Price has to reach $35 in five years to be feasible to be exercised.
These will be issued at a cost and the value is not represented in current expenses (prospectus to be lodged in March.
Best of Luck
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Last
$9.76 |
Change
-0.050(0.51%) |
Mkt cap ! $1.764B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.77 | $9.63 | $2.785M | 286.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 928 | $9.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 2144 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |