One important thing will be how EMS does any scaleback. $10M is not that much and hopefully the offer doc will say how the scaleback will be done. Having been through 2 very popular CRs recently the cos scaled back in proportion to the existing holding as at the entitlement date rather than a uniform percentage of the number of shares applied for. In one CR got 4.75% of my holding and 12% in the other. Essentially the larger shareholders get proportionally more (up to 100%).
If it is a proportional scaleback here then a small shareholder applying for $30K could get sfa so may not be wise to sell any ok shares just to raise 30K and then get almost all refunded.
One important thing will be how EMS does any scaleback. $10M is...
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Last
$1.62 |
Change
0.035(2.22%) |
Mkt cap ! $311.6M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.62 | $1.57 | $531.8K | 332.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1638 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 15921 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |