ok I find that hard to understand given the ASX announcement was $215m at $10 per share settled.
Perhaps you are referring to the entitlement issue to existing institutional shareholders at $8. The entitlements not taken up by institutions were cleared at $10 per share. Which is a obviously a great outcome. This after the institutional raise was well supported at $10.
"Online wagering platform PointsBet has completed its institutional entitlement offer, raising $81 million at $8.00 per share. The deal was supported by sophisticated and institutional investors. The offer closed on 2 Aug 2021 with 78 per cent of eligible entitlements taken up by existing shareholders. The final clearing price under the shortfall bookbuild was $10.00 per share, which represents a premium of 25 per cent to the offer price of $8.00.Approximately 10 million new shares will be issued under the offer, expected to occur on 11 Aug 2021."
This is just from my readings/research. DYOR.
PBHR, page-21
-
- There are more pages in this discussion • 24 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 PBH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
51.0¢ |
Change
0.025(5.15%) |
Mkt cap ! $168.9M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 51.5¢ | 48.5¢ | $1.122M | 2.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 90356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 41474 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PBH (ASX) Chart |