Before the open looks like the SP might tank, I don’t see why? CR isn’t huge and dilution doesn’t really seem to be an issue - the acquisition is half funded by cash reserves!
Anybody see any issues that I’m not that might explain the markets opinion?
Ann: Strategic Acquisition & Equity Raise - Investor Presentation, page-9
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Last
$1.89 |
Change
-0.015(0.79%) |
Mkt cap ! $492.1M | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.92 | $1.86 | $895.2K | 473.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5726 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 11439 | 2 |
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| CAT (ASX) Chart |