A Steven said, ive no doubt the the sp will get sold down to $2.50.
EVERY company ive seen do a cap raise has done so.
In fact over recent months those that did capital raising are now about 50% cheaper than where they offered thier rights issue.
I probably wont take up the rights issue.
With Xmas just round the corner...who has the spare cash???
entitlement offer 5 for every 13 at $2.50, page-17
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Last
$2.87 |
Change
0.000(0.00%) |
Mkt cap ! $5.574B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.88 | $2.85 | $8.479M | 2.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 85309 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 79244 | 5 |
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| IPL (ASX) Chart |