disagree on two fronts
a) non renounceable means cash will need be stumped up by existing holders. For any shortfall existing holders will be able to exercise over-allotment privileges and take that stock.
b) for there to be any stock to 'dump' there underwriter must get hit first. non renounceability minimizes the risk of that as a first point, second being the project being value accretive, and third the rasining being priced fairly
they are not concerned about the guy with 5k shares who doesnt want to sell a few CBA to fund this... and nor should they be
- Forums
- ASX - By Stock
- More thoughts
disagree on two fronts a) non renounceable means cash will need...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add KAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.65 |
Change
0.035(2.17%) |
Mkt cap ! $1.281B |
Open | High | Low | Value | Volume |
$1.68 | $1.69 | $1.63 | $12.23M | 7.389M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 228084 | $1.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 78806 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 228084 | 1.640 |
2 | 34853 | 1.635 |
6 | 40122 | 1.630 |
3 | 7458 | 1.625 |
8 | 23846 | 1.620 |
Price($) | Vol. | No. |
---|---|---|
1.645 | 78806 | 2 |
1.650 | 68235 | 3 |
1.655 | 68660 | 4 |
1.660 | 6104 | 1 |
1.665 | 6104 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
KAR (ASX) Chart |