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...
Add QAN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.05 |
Change
0.000(0.00%) |
Mkt cap ! $9.858B | |||
| Open | High | Low | Value | Volume |
| $6.07 | $6.10 | $6.04 | $13.71M | 2.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 46515 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.05 | 10146 | 6 |
View Market Depth
| Last trade - 15.32pm 29/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |