Looks like cap raise coming.
Per an AFR article an hour or so ago, company is seeking to raise $350 Mil @ $0.92 a share.
The company did say it was looking to raise money through a debt and equity combo.. so I suppose it’s no big surprise here.
I’m a recent investor, so would like to get the others thoughts on the deal and in particular the slated price (if in fact it does end up been $0.92)
Curious to see what the share price reaction will be..from memory the market reacted quite positively to their last raise and the price was up when it came out of a trading halt after announcing the raise.
Almost a 12% discount to today’s close though (again, if it comes to pass).
Thoughts?
Cheers
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Last
79.3¢ |
Change
-0.013(1.55%) |
Mkt cap ! $3.417B |
Open | High | Low | Value | Volume |
81.0¢ | 81.3¢ | 79.0¢ | $2.088M | 2.607M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 222183 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 431744 | 65 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 225106 | 0.790 |
29 | 476123 | 0.785 |
30 | 414082 | 0.780 |
13 | 184760 | 0.775 |
20 | 905384 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 431458 | 64 |
0.800 | 422822 | 24 |
0.805 | 488924 | 22 |
0.810 | 179322 | 10 |
0.815 | 167581 | 14 |
Last trade - 15.28pm 23/07/2024 (20 minute delay) ? |
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