Yes Oceaniew, one of the worst consequences for shareholders is that they have to compete with the sophs for a sale. Because the sophs can sell over 110 and make a profit, this means holders won't see 130 for some time.
The company selling stock to non shareholders will cost those existing holders dearly if they had intended to sell
Ann: Completion of Fully Underwritten A$125 million Placement, page-56
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Last
$1.23 |
Change
0.085(7.42%) |
Mkt cap ! $2.948B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $11.98M | 9.913M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 90825 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 141096 | 16 |
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| DEG (ASX) Chart |