Zacc,
Show me your calculation because:
- You're only accounting for increased number of shares
- Timing of dividend payments don't affect NPV
- If fair value was $4.14 before rights issue, having raised cash at $2.50 for each additional share CANNOT IN ITSELF REDUCE FAIR VALUE BELOW $2.50
interesting, page-20
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Last
$2.90 |
Change
-0.005(0.17%) |
Mkt cap ! $5.564B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 77581 | $3.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 328 | 1 |
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| IPL (ASX) Chart |