Hi W. My thought is that it depends on how the funds from the DRP were applied. If we assume that they were, essentially, excess funds then a (significant) proportion of such could have been used to retire debt. Such would have the fortunate effect of negating any ultimate dilution in DPS. I have no idea what the numbers were and how such funds were applied but retiring debt with equity isn't a bad idea. To me, no news has been good news. Anyway, any previous modest good news was totally ignored by the market. Cheers Keith
Hi W. My thought is that it depends on how the funds from the...
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $761.4M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.0¢ | $170.0K | 373.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 8468 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PGC (ASX) Chart |