25% dilution.
Ouch!
Sucks for existing shareholders but I mean it's an airline. It's not like it was exactly thriving in the current environment and everyone knew it.
The SP will be capped at $4 imo in the near term especially after this dilution.
Any fiscal support from the federal government will probably come with stringent conditions and I don't really see much upside for shareholders going forward.
25% dilution.Ouch!Sucks for existing shareholders but I mean...
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Last
$7.11 |
Change
0.060(0.85%) |
Mkt cap ! $11.04B | |||
| Open | High | Low | Value | Volume |
| $7.05 | $7.18 | $7.04 | $19.03M | 2.676M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 34833 | $7.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.11 | 4531 | 21 |
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| Last trade - 13.30pm 08/10/2024 (20 minute delay) ? |
| QAN (ASX) Chart |