The company just paid $500,000 to place 2 million shares are a deeply discounted price and retail shareholders have been totally disregarded.
This shows a disregard to shareholders and suggests the company must have needed cash urgently. I think a rights issue would have been fairer and produced the same result if the urgency was not the driving motivation.
- Forums
- ASX - By Stock
- Ann: Successful completion of $12.5m Institutional Placement
The company just paid $500,000 to place 2 million shares are a...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAC (ASX) to my watchlist
|
|||||
Last
$10.25 |
Change
-0.150(1.44%) |
Mkt cap ! $535.0M |
Open | High | Low | Value | Volume |
$10.42 | $10.47 | $10.17 | $258.1K | 25.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 367 | $10.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.30 | 96 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 397 | 10.220 |
2 | 1596 | 10.210 |
1 | 96 | 10.200 |
1 | 96 | 10.190 |
1 | 300 | 10.160 |
Price($) | Vol. | No. |
---|---|---|
10.300 | 96 | 1 |
10.310 | 96 | 1 |
10.320 | 96 | 1 |
10.330 | 96 | 1 |
10.650 | 140 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
PAC (ASX) Chart |