AIO
Click for more information
0.00% $9.13 asciano limited

conditional $ 1000 million placement , page-2

  1. gimmiboy
    79 Posts.
    lightbulb Created with Sketch. 4
    clock Created with Sketch.
    15/06/09
    19:23
    Post #: 5282158

    I guess it is just market forces.

    The persons in the know reckon that there is insufficient support for the rights issue from existing shareholders.

    So they are forced to seek new investors and attract them with a big discount.
    AIO Price at posting: $1.46 Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS iseek acquisition to boost HMC Capital's plans for DigiCo platform
right-arrow Created with Sketch.
NEWS Access the Latest ASX News!
right-arrow Created with Sketch.
NEWS How emotions impact investing: Fear, greed, & money psychology
right-arrow Created with Sketch.
NEWS Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing
right-arrow Created with Sketch.
NEWS Li-S Energy sees lithium-sulfur battery chemistry validated by 30min UAV test flight
right-arrow Created with Sketch.
MEU High-grade TITANIUM discovery at Muckanippie signals major find for Marmota (ASX:MEU)
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.