The thing to note is that the DRP will be fully underwritten. I assume that shareholders might choose the cash dividend in many cases leaving a significant DRP shortfall which presumably would be taken up by the underwriter at a maximum price of $ 5.50 per share. There could be a significantly increase in number of shares on the market with dilution of existing shareholders who opt to take cash.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$11.99 |
Change
0.290(2.48%) |
Mkt cap ! $140.9M | |||
| Open | High | Low | Value | Volume |
| $11.70 | $11.99 | $11.48 | $115.7K | 9.852K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $11.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.99 | 1099 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| KOV (ASX) Chart |