I dislike capital raisings, and without good reason to raise capital, I prefer that they do not happen. The rest of the news does not depict a storm that could not have been ridden out, IMO. As as a rule, it makes no sense to me for a company to pay dividends and raise capital at a discount at the same time. I have not had time to digest the material, and I must go out now, but the market might like the announcements. I'll look at the matter tonight.
News: CCP Credit Corp Group Looks To Raise Up To A$150 Mln, page-2
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Last
$14.79 |
Change
0.180(1.23%) |
Mkt cap ! $1.006B | |||
| Open | High | Low | Value | Volume |
| $14.87 | $15.29 | $14.79 | $2.409M | 160.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 456 | $14.78 |
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| Price($) | Vol. | No. |
|---|---|---|
| $14.81 | 700 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |