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
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Mkt cap ! $5.632B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.91 | $2.72 | $44.38M | 15.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28263 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 83190 | 10 |
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| IPL (ASX) Chart |