Great idea but you haven't taken the concept quite far enough.
What they should do is sell one share at $50m, then the current sp will then jump up to $50m as investors quickly buy the market shares on offer at a discount until the $50m mark.
You're welcome,
FD
Capital raising, page-13
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Last
$3.59 |
Change
0.025(0.70%) |
Mkt cap ! $1.626B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.62 | $3.57 | $1.919M | 533.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 19091 | $3.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.59 | 5219 | 16 |
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| Last trade - 14.21pm 30/09/2024 (20 minute delay) ? |
| NWH (ASX) Chart |