In The Australian
"...
Given that they hold 24.96 million shares, Fairstar would need about $3.07 million if it was to take up its entitlements in Golden West's 1-for-15 rights issue at $1.85 a share.
Then there's the $22.8 million needed to acquire the outstanding $2 and $3 options in Golden West that it hasn't already done a deal for. Add that to the $25.6 million in other transaction costs, which includes $6.5m to advisers, $13m in stamp duty and $5.9m in “other professional advisers fees�.
....
There's always a good old fashioned capital raising to be had and what's wrong with having more than 1 billion shares on issue? "
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Last
8.1¢ |
Change
0.005(6.58%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
7.6¢ | 8.1¢ | 7.6¢ | $45.07K | 575.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 63291 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 85210 | 0.078 |
1 | 160363 | 0.077 |
1 | 300000 | 0.076 |
2 | 500574 | 0.075 |
2 | 500000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 31109 | 1 |
0.082 | 100000 | 1 |
0.085 | 150000 | 1 |
0.090 | 10000 | 1 |
0.095 | 10000 | 1 |
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