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
$17.52 |
Change
-0.220(1.24%) |
Mkt cap ! $10.52B | |||
| Open | High | Low | Value | Volume |
| $17.62 | $17.75 | $17.46 | $39.87M | 2.265M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5186 | $17.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 1504 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$17.55 |
Change
-0.220 ( 1.22 %) |
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| Open | High | Low | Volume | ||
| $17.66 | $17.75 | $17.47 | 452026 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NXT (ASX) Chart |