Not sure if applicable for you but someone posted link before - if there is a shortfall in the rights issue it will default to a shortfall placement. You can therefore bid into the shortfall without needing to buy the rights or own the share.
Different risks, might be no shortfall, but interesting to view it as an option.
Ann: Renounceable Rights Issue to raise up to $6.2M, page-275
Add AGY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $174.7M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $197.2K | 1.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 1959452 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 169666 | 4 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
12.3¢ |
Change
-0.005 ( 3.92 %) |
||||
| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.0¢ | 990330 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| AGY (ASX) Chart |