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.
Really it’s investor relations that they are making a rights...
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $894.5M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.0¢ | $162.7K | 526.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 52503 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 8639 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BCI (ASX) Chart |