NTU is now under comment by "loyal" shareholders for a placement at 44 cents.
The sharemarket is about maximising value for shareholders by buying and selling shares and for companies by making the best decisions to advance the interests of the company which in time benefits shareholders.
Loyalty in the the market is conditioned by the share price - many would sell in an instant if the price jumped.
This is all about sour grapes - people perceive that they missed out on a share issue.
In my view if NTU had pitched a rights issue at 44 cents in this flaky market the price would have dropped like a stone to that level and the issue would have been a failure.
A responsibility of NTU is to fund its operations with the least amount of dilution - they have achieved a good result.
- Forums
- ASX - By Stock
- NTU
- not good news for loyal shareholders....
not good news for loyal shareholders...., page-34
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NTU (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $135.9M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 1.9¢ | $52.80K | 2.642M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93806 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 6252935 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93806 | 0.020 |
41 | 13283433 | 0.019 |
41 | 18891053 | 0.018 |
32 | 16646654 | 0.017 |
9 | 2627500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 6252935 | 13 |
0.022 | 3936489 | 8 |
0.023 | 2213828 | 7 |
0.024 | 2444144 | 7 |
0.025 | 1635514 | 6 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
NTU (ASX) Chart |