In some parts of the world, new share issues are done at premium to current share price.
Is it not logical that CHN could conduct an issue at a premium given that any insto that wanted a sizeable block now, it would have to pay up?
I wonder if this would set a precedent. Come on Alex! Dyor
CAPITAL RAISE STORY, page-5
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$1.81 |
Change
-0.005(0.28%) |
Mkt cap ! $704.1M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.86 | $1.76 | $7.489M | 4.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 540 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 13037 | 1 |
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| CHN (ASX) Chart |