Zaid
It is a common practice where a company wishes to maintain balance sheet strength post dividend. In this situation an underwriter is invited to take up the shares representing the amount of dividend that has been paid out rather than reinvested under the DRP.
All good.
Ann: DRP Shortfall Placement, page-3
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $446.1M | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.67 | $484.6K | 286.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11774 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 2732 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SXE (ASX) Chart |