ARF arena reit.
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Institutional shareholders will rank pari passu and be entitled...

  1. Arpeebee
    1,193 Posts.
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    02/06/20
    10:28
    Post #: 44978016
    https://hotcopper.com.au/data/attachments/2197/2197468-029dc5f7586ec45c5ed8f7d7efc20ad6.jpg
    Institutional shareholders will rank pari passu and be entitled to distribution.
    Under the SPP retail shareholders will not participate in the distribution but issue price will be adjusted down. Is this equitable?

    Interesting price action yesterday ahead of today's announcement.
    Does marketing of the placement for the book-build provide advance knowledge of the equity raise?

    ARF Price at posting: $2.40 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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