"It seems inconceivable that Prestige Glory would pay more than double for a share that they can get in the market and that they could possibly get cheaper by renegotiating the rights issue pricing or ratio. "
Please explain how it is possible for Pacific Glory to purchase the number of shares on market they actually require.
Can you cite an example of a company that has reneged on its rights issue because a few retail investors ( for whatever reason) decide to dump their shares.???
Whenever the SP falls , the noise & fear mongering ( usually from non-holders)increases in direct proportion.
Pacific Glory is now holding >15 % , as far as we know Macquarie is happy to sit tight on their holding as well.
"It seems inconceivable that Prestige Glory would pay more than...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $85.00M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $31.24K | 1.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4009171 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1554333 | 4 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| AZL (ASX) Chart |