If my math is correct and the stock price is being calculated with stock price (2AUD) at day of announcement GXY should be at approx. 1,96AUD after capital raise or 4 cent under actual stock price. (2x409.480.000 + 1,7x65.000.000)409.480.000+65.000.000)= 1,9589 If the stock price is being calculated with actual stock price you should replace 2AUD with actual stock price. And this would be after 10.12.2020. Would be thanful for additions.
GXY Price at posting:
$2.14 Sentiment: Buy Disclosure: Held