Share Price will head down to the offer price. Then you can add what you like from the market.
They are increasing number of shares on issue by 13%. So should be worth 4.08/1.13 = $3.61 per share, all other things being equal. So don't sweat it.
Equity Raising Presentation, page-2
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Last
$5.31 |
Change
-0.160(2.93%) |
Mkt cap ! $4.021B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.48 | $5.29 | $18.53M | 3.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4388 | $5.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.32 | 13512 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |