NXS 8.00% 27.0¢ next science limited

"In a busy day for capital raisings, Melbourne-based Nexus...

  1. 358 Posts.
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    "In a busy day for capital raisings, Melbourne-based Nexus yesterday kicked off an underwritten three-for-10 renounceable entitlement offer at 40 a share - a 14.8 per cent discount to the theoretical ex-rights price".

    back of envelope calcs, ~ 300m new shares @ 22% discount to last traded price but with 30% dilution, am I "doing it wrong"?
 
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Last
27.0¢
Change
0.020(8.00%)
Mkt cap ! $78.75M
Open High Low Value Volume
25.5¢ 27.0¢ 22.5¢ $103.9K 445.9K

Buyers (Bids)

No. Vol. Price($)
1 2200 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 19999 1
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Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
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