From a risk perspective, a 5% premium to lock in a 'bird in the hand,' versus 'two in the bush' totally understandable. And from a truly long term investor perspective will be a roundig error.
But one of the main reasons I've always stuck with BCI & management has been (more than marketing) they've let existing shareholders participate in any raising & haven't scaled back in past (but haven't had massive oversubscriptions in past from my memory). And this ethos would also wear well with Australian Super, and wouldn't suprise me being a reason they've got on board.
Ann: Successful Institutional Equity Raising, page-17
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Last
29.5¢ |
Change
0.010(3.51%) |
Mkt cap ! $850.9M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.0¢ | $73.71K | 250.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 55489 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 184216 | 2 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| BCI (ASX) Chart |