I just can’t see how this is in the best interests of holders, particularly long termers. I have been around els for quite a while and I think we all knew a raise was going to come at some point - it had been discussed on other threads.
the fact they have had to do the raise at a 25 % discount is unfortunate. If all this great news was imminent, why raise now, wait till it hits 80-90 cents plus then pull the trigger.
anyways hope for you and others it works out well, I really feel ELS have missed a big opportunity here.
Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-7
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ELS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
-0.010(2.13%) |
Mkt cap ! $69.60M | |||
| Open | High | Low | Value | Volume |
| 46.3¢ | 46.5¢ | 43.0¢ | $53.16K | 120.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8936 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ELS (ASX) Chart |