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1.10%

$9.92 infratil limited.

Based off NXT recent raise these numbers make sense.

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shap08

647 Posts.

62

16/06/23

14:28

Post #: 68325913
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Originally posted by SouthernLad: ↑

The presentation states that the equity raising is expected to increase the total shares on issue by approximately 12.7%. Therefore if you have 1,000 shares, you would need to acquire another 127 shares under the entitlement offer to maintain your pro rata ownership.

Company saying offer size should be sufficient to enable application at this level to be successful.

The 2023 annual report details 21,542 shareholders as at 31 March 2023. So at $100 million, this is an average of $4,642 per shareholder. If there was a 50% participation rate, this increases the average amount available to participating shareholders to over $9,000.

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Based off NXT recent raise these numbers make sense.

IFT Price at posting: $8.90 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $9.92		Change -0.110(1.10%)		Mkt cap ! $8.259B

Open	High	Low	Value	Volume
$10.05	$10.05	$9.82	$656.0K	66.22K

Buyers (Bids)

No.	Vol.	Price($)
1	600	$9.83

Sellers (Offers)

Price($)	Vol.	No.
$9.92	554	1

View Market Depth

No.	Vol.	Price($)
1	600	9.830
1	700	9.820
2	3290	9.810
4	1364	9.800
1	312	9.780

Price($)	Vol.	No.
9.920	554	1
9.940	555	1
10.040	440	1
10.100	882	3
10.130	500	1

Last trade - 16.10pm 26/04/2024 (20 minute delay)


Last $9.89			Change -0.110 ( 0.72 %)
Open	High		Low	Volume
$9.97	$9.97		$9.82	3847
Last updated 15.59pm 26/04/2024 ?

IFT (ASX) Chart