This CR significantly dilutes all existing holders.
Getting the CR money quickly and screwing existing shareholders is not such a common ASX practice these days. Many raisings have been equitable using proportional rights issues.
Although the AUK CR is under the 15% equity threshhold, all retail investors should feel aggrieved that they miss out on free options, if this business succeeds.
Ann: Proposed issue of Securities - AUK, page-4
Add AUK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.786M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 39837335 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 12542599 | 13 |
View Market Depth
| Last trade - 13.57pm 11/07/2024 (20 minute delay) ? |
| AUK (ASX) Chart |
Day chart unavailable