Really it’s investor relations that they are making a rights offer at all to existing share holders. Any of the top 5 would have taken the opportunity to grab them.
the rights offer has actually created this down dip that will last until final day. Waste of time really.
The Mardie project is now majority corporate held. That in my view is fantastic. The tiddler shareholders will move on or be moved out by future restructure or take over.
Im happy with the way things are going. Without the rights I’m heavily invested in $$$ terms so don’t need to battle the rights issue to be satisfied. State approvals is required for me to be complete.
Ann: Successful Institutional Equity Raising, page-10
-
- There are more pages in this discussion • 59 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 BCI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $721.1M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.5¢ | $32.68K | 130.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 141693 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 94251 | 5 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| BCI (ASX) Chart |