All good LT, but not too sure about ST. No particular strategic investor, just insto placement is bit disappointing, but $2.30 isn’t too bad a result. Evenly split between placement and rights issue, so Retailers really need twice their entitlement not to get diluted but can only apply for 150% of entitlement and hope not to get scaled back. With 22% more shares being issued, all things being equal, should really head towards $2.01 - I don’t think it will, because there is plenty to like still, but certainly opportunities coming to buy more on market I would guess, no hurry.
Ann: Fully Underwritten Equity Raising - Approximately A$425M, page-2
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Last
$10.47 |
Change
-0.270(2.51%) |
Mkt cap ! $9.752B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.66 | $10.41 | $55.61M | 5.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14000 | $10.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.47 | 35347 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |