Obviously ADN will do a capital raising next year, and, similarly, I think it's somewhat safe to presume it will be via a rights issue - to existing s/holders.
I also presume that it will be a renounceable rights issue but do any intelligent HotCopper posters (oxymoron?) see any benefit in a non-renounceable issue for ADN?
Similarly, I believe that most renounceable rights issues are underwritten. Do most experienced investors agree that this is the case?
ADN Capital Raising, page-29
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $65.31M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.9¢ | $56.24K | 2.905M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1006631 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 891005 | 8 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |