To be fair, as a shareholder I am glad this is at a marginal premium (although don’t personally see the need to raise capital). The reason investors may still nominate to go for this, is because it is near impossible to purchase a large number of units on the open market. And because it is at a premium, it won’t be as dilutive or destructive. It will be very interesting to see how much interest this gets, and if it is fully subscribed. IMO DYOR
Ann: Non-Renounceable Issue, page-3
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Last
70.0¢ |
Change
-0.005(0.71%) |
Mkt cap ! $218.9M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 70.5¢ | 70.0¢ | $2.407K | 3.437K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 10000 | 1 |
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| Last trade - 15.46pm 26/06/2024 (20 minute delay) ? |
| ATA (ASX) Chart |