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
Capital Raising
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
84.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.621B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 224423 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.5¢ | 352716 | 1 |
View Market Depth
| Last trade - 09.52am 20/06/2024 (20 minute delay) ? |
| NIC (ASX) Chart |
Day chart unavailable