Thanks for the insight. I agree that holders who own more than 800K (@$17) in BRG will perhaps help the pool a little as they will be diluted even more. Though the proportion of retail holders this large is very very small.
However, I am yet to see a scale back that was based on the amount applied for and I have participated in/followed more than 10 over the last few months. Every scaleback to date has been based fully on the number of shares held when the raising was announced. The 18% figure will vary depending on how much you personally applied for. It is irrelevant in terms of calculating dilution and what % of your current holding you will get. Best guess at the moment is around 4% of your holding on the census date. No wonder management snuck this announcement in at the end of the day!
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Thanks for the insight. I agree that holders who own more than...
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Last
$27.20 |
Change
-0.040(0.15%) |
Mkt cap ! $3.901B |
Open | High | Low | Value | Volume |
$27.53 | $27.63 | $27.17 | $2.948M | 107.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | $27.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$27.20 | 434 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 27.190 |
1 | 359 | 27.130 |
2 | 308 | 27.120 |
1 | 359 | 27.110 |
1 | 359 | 27.090 |
Price($) | Vol. | No. |
---|---|---|
27.200 | 434 | 1 |
27.210 | 1127 | 2 |
27.250 | 359 | 1 |
27.270 | 359 | 1 |
27.280 | 308 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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