I was only just thinking on this regarding cap raises in general. Rights issue pulls share price back to offer price, which is an over-reaction as the dilution does not warrant such a fall. You could just pick up at the lower price, however that would nullify the point of the raising for the business. I figure to take the offer and top up at market for any over-subscription I may be thinking of.
I was only just thinking on this regarding cap raises in...
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Last
4.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $422.0M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.2¢ | 4.0¢ | $1.133M | 27.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 5473553 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 4445819 | 52 |
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| Last trade - 15.38pm 06/06/2024 (20 minute delay) ? |
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Last
4.1¢ |
Change
-0.001 ( 1.70 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.2¢ | 4.0¢ | 24936960 | ||
| Last updated 15.57pm 06/06/2024 ? | |||||
| SYA (ASX) Chart |