ECF elanor commercial property fund

So essentially about 30% dilution.Could somebody please explain...

  1. 488 Posts.
    lightbulb Created with Sketch. 137
    So essentially about 30% dilution.
    Could somebody please explain why would anybody want to take up on this offer when the share price is likely to drop into the 40c - 50c range?
 
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(20min delay)
Last
65.5¢
Change
0.010(1.55%)
Mkt cap ! $266.5M
Open High Low Value Volume
65.5¢ 66.3¢ 64.5¢ $385.3K 587.3K

Buyers (Bids)

No. Vol. Price($)
2 37816 64.5¢
 

Sellers (Offers)

Price($) Vol. No.
66.0¢ 2500 1
View Market Depth
Last trade - 15.52pm 16/06/2025 (20 minute delay) ?
ECF (ASX) Chart
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