From elsewhere:
" I like it because it's not a "bulk" credit-raise.
In the past, US shareholders have not been able to participate in "at a discount" share-offerings from the company, yet the US share price inevitably ends up reflecting that discount.
ATM facility will enable company to take advantage of share-price spikes without stifling enthusiasm with some announced credit raise.
Those are a couple reasons, as is the implication that the company may be expecting some price spikes."
- Forums
- ASX - By Stock
- Ann: Kazia establishes ATM program
From elsewhere: " I like it because it's not a "bulk"...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)