opening price predictions, page-6

  1. 79 Posts.
    lightbulb Created with Sketch. 4

    Mik01

    I think your figures are about right.

    Due to the large placement to institutions, sophisticated investor and the CEO at a discounted price $1.10, outside the 1:1 right issue, there will be a substantial dilution to the existing shareholders.

    A fund raising similar to the RIO placement would have been fairer.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.