Nothing for shareholders and no takeover of BCN as some suggested.
However, key takeaway is they got total they were after and it was oversubscribed.
Being well supported sets them up going forward if credit markets tighten. Low price, but de-risks them.
Ann: Landmark $125 million capital raising, page-2
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1862724 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 2312588 | 9 |
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| RED (ASX) Chart |