Don't hold, do take an interest.
IPL hasn't built the business in any meaningful way for years. Its kit and technology is getting older and now it wants to raise equity merely to lower the debt it has built up.
This raise will trash the share price.
Ash
Ann: Equity Raising Investor Presentation, page-2
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Last
$2.90 |
Change
0.010(0.35%) |
Mkt cap ! $5.632B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.90 | $2.85 | $9.988M | 3.469M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 197765 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 124674 | 8 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| IPL (ASX) Chart |