The increase in the institutional issue size increase the total number of shares in issue thereby diluting the % ownership of existing shareholders. Given the t large increase in EPS that the acquisition delivers, retail shareholders will need to acquire more shares to maintain relative ownership.
The counter view is that CYG will have $5m less debt, albeit that debt financing is cheaper than equity financing.
- Forums
- ASX - By Stock
- Ann: Coventry Launch announcement
The increase in the institutional issue size increase the total...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CYG (ASX) to my watchlist
|
|||||
Last
$1.35 |
Change
0.000(0.00%) |
Mkt cap ! $157.6M |
Open | High | Low | Value | Volume |
$1.35 | $1.35 | $1.35 | $28.66K | 21.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20862 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 3053 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20862 | 1.340 |
1 | 12303 | 1.280 |
1 | 7009 | 1.270 |
1 | 1000 | 1.190 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 3053 | 1 |
1.430 | 4923 | 1 |
1.480 | 3500 | 1 |
1.700 | 37000 | 2 |
1.870 | 1081 | 1 |
Last trade - 15.59pm 05/07/2024 (20 minute delay) ? |
Featured News
CYG (ASX) Chart |