Raising $90m NZD
Existing shareholders 1 for every 5.77 shares held.
Price of $6.19 NZD - I think this equates to roughly $5.67 AUD we can buy these shares for?
Major shareholder and chairman taking up their full entitlements.
Seems GTK are raising money at a pretty cheap price - given the SP has been around $6.50 - $6.90 for quite a while?
What's everyones thoughts?
Ann: Offer Announcement, page-2
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$8.99 |
Change
-0.270(2.92%) |
Mkt cap ! $930.3M | |||
| Open | High | Low | Value | Volume |
| $9.25 | $9.25 | $8.73 | $1.703M | 190.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 508 | $8.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.99 | 3266 | 2 |
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