The smallest investors did really well (anyone who had less than ~$60K did better than the instos). Those above ~$60K were diluted more than 10% (and therefore did worse than the instos ... and a lot worse than smaller shareholders).
On average small investors did better than the instos - so nothing to complain about as a group.
I support CCP in scaling back. Extra capital would have effected ROE and therefore the SP.
However, I too would have liked the issue to be proportional on existing holdings. The methods to do this are more expensive tho so there is a trade-off for the board to consider.
The smallest investors did really well (anyone who had less than...
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Last
$15.45 |
Change
0.850(5.82%) |
Mkt cap ! $1.051B | |||
| Open | High | Low | Value | Volume |
| $14.84 | $15.48 | $14.70 | $6.293M | 411.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 609 | $15.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.46 | 312 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |