The strike price of $24 is way too low, not to mention the unnecessary dilution. Ultimately it is existing shareholders who pay. There does not seem to be any benefit to the company. IMO, there is no "incentive" effect, as the strike price seems likely to be achieved without any further effort on the directors' part. And why should the Board spend shareholders' funds on an EGM just for this? Disappointing. I have voted against. Let them buy on-market.
The strike price of $24 is way too low, not to mention the...
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Last
$19.95 |
Change
0.200(1.01%) |
Mkt cap ! $383.4M | |||
| Open | High | Low | Value | Volume |
| $19.95 | $20.00 | $19.83 | $183.2K | 9.187K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $19.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.95 | 472 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |