Too early to say the market likes it. KGL down 7.5% and we aren't ex rights yet. In a couple days we will know how much the market likes it, but it fell today and you would expect it to fall more on ex date.
Not sure how brilliant it was. Less shares and more debt would be preferable.
Participate and you dont get diluted, but your ROI takes a hammering.
post-issue share price 0.165, page-4
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $59.56M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.7¢ | $46.74K | 467.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39262 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 34066 | 2 |
View Market Depth
| Last trade - 15.34pm 02/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |