The share price will not go down but the value of your holding will go down equal to what cash you will get in hand due to the fact that you will end up with less shares after the capital restructuring.
So as a result you will get less div allocation numerically but the div value will be greater due to less shares on issue so nothing will change.
Ann: Orora Capital Management and Trading Update, page-19
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Last
$1.93 |
Change
0.015(0.79%) |
Mkt cap ! $2.586B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.93 | $1.90 | $8.909M | 4.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38782 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 58119 | 6 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ORA (ASX) Chart |