Really low issue price, $1.20 is a massive discount to last traded and to TERP of $1.70. If it trades at $1.44 it will have the same market cap as pre-raise just with ~$180m (after costs) less debt.
This just highlights why the price of $1.20 is way too low a discount to the theoretical ex rights price (TERP) of $1.70. Underwriters are getting fat checks here for not really taking on risk imo.
I will be applying for that extra 25% top up, it is a shame they didn't allow for a higher percentage here for retail holders to top up, further insult is the underwriter has discretion to reject top ups, wtf?
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Last
$1.31 |
Change
0.050(3.98%) |
Mkt cap ! $947.5M |
Open | High | Low | Value | Volume |
$1.24 | $1.32 | $1.17 | $8.932M | 7.194M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3672 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.31 | 12683 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3672 | 1.305 |
1 | 3675 | 1.300 |
4 | 29861 | 1.295 |
2 | 27733 | 1.290 |
2 | 27733 | 1.285 |
Price($) | Vol. | No. |
---|---|---|
1.310 | 7073 | 1 |
1.315 | 16748 | 3 |
1.320 | 200628 | 7 |
1.325 | 18044 | 1 |
1.330 | 21425 | 4 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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|||||
Last
$1.31 |
  |
Change
0.050 ( 3.57 %) |
|||
Open | High | Low | Volume | ||
$1.24 | $1.32 | $1.17 | 1882970 | ||
Last updated 15.59pm 21/05/2024 ? |
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