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
$3.55 |
Change
0.050(1.43%) |
Mkt cap ! $1.615B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.57 | $3.45 | $4.837M | 1.376M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1300 | $3.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 414 | 1 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| NWH (ASX) Chart |