Guys... It says "underwritten with Floor Price" of NZ$0.67/share. Should this not mean that if there's a huge pent up demand for institutional investors, that can push the price up a bit in terms of what they'll have to pay for? In any case, it's not a steep discount and it's a very good move.
Note that the people who will want to get A2M shares in lots directly from the market will push up the share price a lot. So, there won't be much impact on the share price I believe.
Ann: The a2 Milk Company announces Capital Raising, page-12
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Last
$5.65 |
Change
-0.060(1.05%) |
Mkt cap ! $4.084B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.72 | $5.62 | $8.206M | 1.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59 | $5.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.67 | 3039 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |