If there are still $60m worth of ELDPA at the expiry of this offer, at $3.85 per share, that is roughly 17m ELD ords or 15% dilution cap raise inclusive. On the other side - they would have quite a bit of cash. The purpose of this exercise would move from paying out the prefs to raising ammo with no identified target, or raising a buffer for as yet unidentified/undisclosed problems.
Ann: Capital Raising Presentation correction-ELD.AX, page-72
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ELD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.14 |
Change
0.120(1.33%) |
Mkt cap ! $1.444B | |||
| Open | High | Low | Value | Volume |
| $9.17 | $9.22 | $9.04 | $1.790M | 196.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3990 | $9.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.15 | 1218 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |