So my understanding is that either the SP will drop because of dilution of the SP, however it may not as they are utilising the capital to increase the value of the business and ROE- this is a positive move and increases the value of the business on all metrics so hopefully the market is positive on this on Monday.
Ann: Trading Halt, page-44
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Last
$2.16 |
Change
-0.060(2.70%) |
Mkt cap ! $2.803B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.20 | $2.12 | $27.01M | 12.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15000 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 117293 | 4 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |