If shareholders are offered 1-10 shares at $1.50 Then offered 1-10 shares at $1.50 on shares not taken up. I'm pretty sure there won't be much left for other investors. Market price could drop 10% on news of so called dilution or rise on news that company is financially better.
Ann: Trading Halt, page-48
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Last
$1.68 |
Change
0.005(0.30%) |
Mkt cap ! $433.0M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.65 | $694.0K | 416.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10546 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 6584 | 3 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |