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.
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Last
$1.42 |
Change
0.005(0.35%) |
Mkt cap ! $165.8M |
Open | High | Low | Value | Volume |
$1.41 | $1.43 | $1.39 | $146.6K | 104.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2498 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.42 | 185 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2498 | 1.385 |
1 | 6232 | 1.380 |
1 | 5000 | 1.360 |
2 | 10690 | 1.350 |
1 | 3057 | 1.315 |
Price($) | Vol. | No. |
---|---|---|
1.420 | 185 | 1 |
1.425 | 186 | 1 |
1.445 | 300 | 1 |
1.450 | 40000 | 2 |
1.465 | 300 | 1 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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