Mike101, what is the disgrace? Underwriters buy more expensive shares via the entitlement offer than can be bought on market. That's a win for shareholders who avoided the offer. Look at SWM- they offered shares at $1.25 and he share price fell to about 65c recently. So the underwriters were left holding the bag. Non-participants in these raisings are dodging a bullet,and can get in cheaper at any time.
Ann: Results of Retail Entitlement Offer, page-7
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Last
81.5¢ |
Change
-0.010(1.21%) |
Mkt cap ! $677.9M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 81.3¢ | $132.1K | 161.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 36147 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 41703 | 13 |
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| Last trade - 10.35am 11/09/2024 (20 minute delay) ? |
| MYR (ASX) Chart |