The offer looks like it has been cleverly done. The shares will trade ex entitlements when they reopen on Friday, so all current investors are locked in. The full year results and outlook are promising and there is a nice fat divvy for those who hang on through the rights issue tumult.
entitlement offer 5 for every 13 at $2.50, page-7
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Last
$2.95 |
Change
0.050(1.72%) |
Mkt cap ! $5.729B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.97 | $2.93 | $13.78M | 4.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14854 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 98211 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| IPL (ASX) Chart |