They can bolt on a SPP or pro-rata entitlement in addition to the 15%
The SPP being the same price as the placement makes sense otherwise holders would be chuffed.
For some perspective of placement + spp
We were .115 p/share prior to raise, add 20% dilution that equates to .092 p/s
+ 20 mill new cash div by 1708mill (new total shares) = .0117 p/s
= .1037 p/s
They can bolt on a SPP or pro-rata entitlement in addition to...
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4.7¢ |
Change
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Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $244.5K | 5.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 265083 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1869097 | 24 |
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