Very often cap raises are highly accretive, they're only bad in the case of the absolute dog stocks where they are used to fund the lifestyles of management until the company eventually becomes insolvent. Without additional funds, a company won't move anywhere. This is how we progress and continue to see growth
Everyone wishes a company could grow rapidly without raising a dollar, but that's not how these things work. To get big long term gains requires a bit of short term pain. I'm guessing a few years from now the company will be buying back these shares with all the money it's making![]()
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Last
$16.93 |
Change
0.190(1.14%) |
Mkt cap ! $1.098B |
Open | High | Low | Value | Volume |
$16.77 | $17.20 | $16.50 | $1.811M | 106.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 195 | $16.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.00 | 519 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 195 | 16.870 |
1 | 59 | 16.860 |
1 | 160 | 16.810 |
2 | 4189 | 16.770 |
1 | 22 | 16.750 |
Price($) | Vol. | No. |
---|---|---|
17.000 | 519 | 2 |
17.020 | 865 | 2 |
17.060 | 300 | 1 |
17.070 | 865 | 1 |
17.120 | 865 | 1 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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