IMO the level of take up from retail holders is excellent. I was expecting less given the ‘sleepy’ results from retail holders in past raises. Having 66% take up on such short notice is a great outcome.
Even if the underwriters dump their allocation on day 1 the residual allocation is small enough for the market to absorb.
Ann: Retail Entitlement Offer Open (Announcement & Booklet), page-19
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Last
$17.92 |
Change
-0.430(2.34%) |
Mkt cap ! $10.76B | |||
| Open | High | Low | Value | Volume |
| $18.34 | $18.37 | $17.70 | $28.72M | 1.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5099 | $17.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 28314 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NXT (ASX) Chart |