The share price has fallen by the 7% dilution that the capital raising is resulting in, and is remaining at/slightly above the SPP price. While I am not necessarily a fan of this capital raising (debt financing at lowest historical rates?), I will be quite happy if this is the full damage to shareholder value.
Ann: Proposed issue of Securities - MVP, page-8
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Last
47.5¢ |
Change
0.010(2.15%) |
Mkt cap ! $53.51M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 48.0¢ | 46.5¢ | $42.73K | 90.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26916 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 4750 | 2 |
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| MVP (ASX) Chart |