AJL
Click for more information
12.5% 0.7¢ aj lucas group limited

right issues

  1. tgn01
    2,910 Posts.
    lightbulb Created with Sketch. 179
    clock Created with Sketch.
    21/11/11
    15:47
    Post #: 9316683
    I just had a look at the new right issues. How come the total issued share has doubled but as a shareholder we are allow to get only one new share for 2 currently holding share? Shouldn't it be 1 new share for 1 holding share? Does it mean our share is still diluted by roughly 25% and the underwriter get the rest? Can someone help me to make sense of this?

    tgn01
    AJL Price at posting: $1.35 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RMX High-grade Gold and Copper findings drive excitement at Red Mountain’s Flicka Lake
right-arrow Created with Sketch.
NEWS Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban
right-arrow Created with Sketch.
NEWS NAB dips 1.8% as ASIC take bank to court for ignoring hardship applications
right-arrow Created with Sketch.
NEWS Things finally 'looking different' for up-and-down Hot Stock tip Stockland
right-arrow Created with Sketch.
NEWS Smallcap Radiopharm notches +12% jump on pancreatic cancer imaging win
right-arrow Created with Sketch.
NEWS EQR looks to become 'preeminent Western tungsten producer' with key acquisition
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AJL (ASX) to my watchlist
(20min delay)
Last
0.7¢ 		Change
-0.001(12.5%) 		Mkt cap ! $9.630M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $500 71.47K

Buyers (Bids)

No. Vol. Price($)
1 56984 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1639599 6
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
AJL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.