SXG
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1.92% $3.18 southern cross gold ltd

Ann: SXG Announces Results of Rights Issue, page-6

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  1. PHudson
    1 Posts.
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    09/05/24
    10:44
    Post #: 73741692
    Can somebody explain why the entitlement to apply for additional shares was ignored despite capacity to allocate on a pro rata amount? The announcement mentioned something about fairness but it's not that hard to do. Seems like the underwriters wanted a nice little bump which comes at the expense of shareholders...
    SXG Price at posting: $2.77 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$3.18 		Change
0.060(1.92%) 		Mkt cap ! $631.0M
Open High Low Value Volume
$3.25 $3.25 $3.15 $369.0K 114.8K

Buyers (Bids)

No. Vol. Price($)
1 516 $3.18
 

Sellers (Offers)

Price($) Vol. No.
$3.24 195 1
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
SXG (ASX) Chart
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