I'm not that familiar with rights issues, but is it possible the big players are 'letting some stock go cheaply' to make taking up the additional stock less attractive to retail sharholders? They could then gobble up the addtional stock through the retail bookbuild.
I am not taking it up, money in the bank is more attractive than buying the addtional stock, at what looks like, on todays pricing, a 10c discount at best.
I'm not that familiar with rights issues, but is it possible the...
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Last
$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $4.918B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.70 | $1.66 | $9.371M | 5.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12030 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 125908 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AWC (ASX) Chart |