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
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.22 |
Change
-0.035(0.56%) |
Mkt cap ! $5.795B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.18 | $2.363M | 380.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 8105 | $6.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 26270 | 24 |
View Market Depth
| Last trade - 11.03am 19/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |