If existing shareholders dont take out their rights then GCH will just mop their shares up as under writers and dilute existing shareholders exposure as they increase their stake in INP past the 20% threshold where the corporactions act take over provision becomes effective.
Its an accelerated rights issue too so there will be limited time for INPs big shareholders to decide. Take it or leave it.
Its the first step and the first move. Lets see if another party comes to the table.
- Forums
- ASX - By Stock
- Ann: Funding structure changes and director appointment
If existing shareholders dont take out their rights then GCH...
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add INP (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.731M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 321334 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 59645 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 321334 | 0.003 |
2 | 1700000 | 0.002 |
3 | 2800000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 59645 | 1 |
0.008 | 34646 | 1 |
0.010 | 105354 | 1 |
0.011 | 63750 | 1 |
0.015 | 257028 | 1 |
Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
Featured News
INP (ASX) Chart |
Day chart unavailable