I previously called 6-8c so will have to stick with that, although I was called out as a heretic
8c would be a 30.44% discount. I would have thought a deep discount rights issue in the current climate would be nearer 45%.
Have to assume as an underwriter you would have a good idea. Think those expecting 20/25/30c are living in fairy world. Smoking the 840.
Capital Raising immnent, page-76
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Last
$7.78 |
Change
0.180(2.37%) |
Mkt cap ! $7.272B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.92 | $7.41 | $46.84M | 6.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 77676 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |