Capital raises are always less than market price to encourage maximum participation. You would normally expect an initial fall in the share price to close the gap - we'll have to wait and see to what extent. These fluctuations are short term and the value assessment is whether this is a value accretive transaction. If so, market price will rise over time.
I expect to take up most of the entitlement. The dividend will pay for the extra investment over the next 12 months and the company appears to be in a growth mode.
good luck.
Ann: Investment in Marble Capital and equity raising, page-4
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Last
$1.90 |
Change
0.010(0.53%) |
Mkt cap ! $926.2M | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.92 | $1.88 | $394.6K | 208.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3519 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 632 | 9 |
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| Last trade - 12.05pm 31/07/2025 (20 minute delay) ? |
| NGI (ASX) Chart |