If the CR amount was the full $130 debt payment, I think A2M would only need to stump up about 20% of this in order to avoid dilution of its stake. That'd be around $26M. Unlikely to have any material impact on the SP. Just think how much A2M has lost already via the deteriorating value of its SML stake.
However, I seem to recall reading somewhere that the full $130M couldn't be raised via CR, but can't seem to find it now or what the reason for that was.
Chart Update, page-24820
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Last
$7.10 |
Change
-0.080(1.11%) |
Mkt cap ! $5.132B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.18 | $7.08 | $9.867M | 1.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11917 | $7.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.10 | 13551 | 8 |
View Market Depth
| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
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Last
$7.08 |
Change
-0.080 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| $7.16 | $7.16 | $7.08 | 292832 | ||
| Last updated 15.59pm 11/06/2024 ? | |||||
| A2M (ASX) Chart |