The SP nearly always end up at a discount to cap raise.
Thats great if you are buying shares as a new investor.
All current shareholders though are heavily diluted by a cap raise as their total percentage holding of the company shrinks.
Ann: Quarterly update and outlook - September 2022, page-16
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22.0¢ |
Change
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Mkt cap ! $372.1M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $2.056M | 9.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 234930 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 326011 | 4 |
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