Very confusing when rights issues are usually done the other way around. I guess it's being done as is to favour GSO the underwriter looking to take control of the company.
http://www.investors.asn.au/education/shares/mechanics-of-share-investing/corporate-actions/
Generally, rights issues are made at a price that is less than the company’s current share price so that the rights issue is attractive to shareholders.
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- A$360 million / 3 billion shares = A$0.12 per share
A$360 million / 3 billion shares = A$0.12 per share, page-3
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Last
2.7¢ |
Change
0.003(12.5%) |
Mkt cap ! $17.32M |
Open | High | Low | Value | Volume |
2.5¢ | 2.9¢ | 2.4¢ | $126.4K | 4.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 105461 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 233628 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15294 | 0.027 |
3 | 328549 | 0.026 |
3 | 340000 | 0.025 |
3 | 1280450 | 0.024 |
6 | 1387391 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 233628 | 4 |
0.029 | 263524 | 3 |
0.030 | 940928 | 6 |
0.031 | 766171 | 5 |
0.032 | 327164 | 4 |
Last trade - 14.19pm 19/11/2024 (20 minute delay) ? |
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