Yes, but keep in mind that the company will also have the money raised. Money will have to raised eventually, and this is a very kind way to do it. I know they could have raised a lot more by selling shares with a premium of 20% or more. Giving them to all existing holders at a discount is quite generous for a company that is in demand.
BE
Ann: Share Purchase Plan, page-47
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.0¢ |
Change
-0.005(1.08%) |
Mkt cap ! $91.85M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.5¢ | $23.69K | 52.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9327 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 4546 | 1 |
View Market Depth
| Last trade - 15.40pm 26/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |