IMO the level of take up from retail holders is excellent. I was expecting less given the ‘sleepy’ results from retail holders in past raises. Having 66% take up on such short notice is a great outcome.
Even if the underwriters dump their allocation on day 1 the residual allocation is small enough for the market to absorb.
Ann: Retail Entitlement Offer Open (Announcement & Booklet), page-19
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Last
$16.75 |
Change
0.220(1.33%) |
Mkt cap ! $10.05B | |||
| Open | High | Low | Value | Volume |
| $16.62 | $16.80 | $16.50 | $51.15M | 3.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 296 | $16.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.77 | 47 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NXT (ASX) Chart |