Guys, the insto shares won't trade until next Wednesday and the fact that the insto placement is around $89m, that's hardly anything compared to the $211m for existing shareholder. It's purely a way for the company to manage the risk of capital raising.
Can you imagine if they give the whole $300m to existing shareholders and not having much take up? What impact would it have on the deal?
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Last
$6.14 |
Change
0.070(1.15%) |
Mkt cap ! $6.781B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.17 | $6.09 | $3.489M | 569.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 20998 | $6.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.14 | 8940 | 26 |
View Market Depth
| Last trade - 11.50am 07/08/2025 (20 minute delay) ? |
| SDF (ASX) Chart |