An 8.2% discount for a dilution to raise market cap by 8%, so guess that does makes some sense. Not that l'm impressed by this move, During a bear market with plenty of risk for global companies going forward, characterised by withdrawn guidance.
I was in positive mood about buying more stock, but now will need think very carefully about accepting the offer. Will be interesting to hear what other holders think.
An 8.2% discount for a dilution to raise market cap by 8%, so...
Add LLC (ASX) to my watchlist
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Last
$7.11 |
Change
0.010(0.14%) |
Mkt cap ! $4.906B | |||
| Open | High | Low | Value | Volume |
| $7.06 | $7.12 | $7.05 | $1.896M | 267.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 9888 | $7.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.11 | 1522 | 8 |
View Market Depth
| Last trade - 11.53am 01/10/2024 (20 minute delay) ? |
| LLC (ASX) Chart |