cochlea scaled back their spp retail applications to 41% a couple of weeks ago, however the spp issue price was $140 and they were trading the whole time at >$180, so it was a gift horse...so not all companies are taking what they get.
This QBE spp is definitely not a gift horse, as you could have bought on market yesterday at $7.51 which is lower than the currrent 2% discount vwap price after day 3....
I think you will get what you ask for because:
- there will be lower than expected shareholder participation in this spp &
- I feel this company will definitely want as much $$ they can get from this raising to fortify it's balance sheet against the negativity/potential liabilities etc.
I think even the current NAB spp will accept a lot more than they are asking for, and that one is a healthy discount at the moment ($14.15 issue price vs current price $16.22), so there should be good shareholder participation in that one.
See what happens.
cochlea scaled back their spp retail applications to 41% a...
-
- There are more pages in this discussion • 30 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 QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.90 |
Change
-0.180(1.05%) |
Mkt cap ! $25.44B | |||
| Open | High | Low | Value | Volume |
| $17.13 | $17.25 | $16.89 | $25.52M | 1.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 739 | $16.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.90 | 10014 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |