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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 (20min delay)
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Last
$17.64 |
Change
0.050(0.28%) |
Mkt cap ! $10.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $17.90 | $17.64 | $13.52M | 762.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6391 | $17.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.72 | 1431 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$17.67 |
Change
0.050 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $17.87 | $17.90 | $17.66 | 181727 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| NXT (ASX) Chart |