one must beleive...here we go ck, should be good as the shorts pounded 79M later we are above the opening price, gold 901, 30plus imo
Some notes on dilution from wilsons
The relatively small raising means dilution of share price and
EPS is minimal
While the offer is at a discount of 13% to the last price, dilution is only 1%
due to NCM’s $14.0B market cap. We have updated our assumptions
based on guidance data provided for the half year and capex expectations.
Our underlying NPAT was already in line with the $234-245M guidance
accordingly EPS revisions are sub 4%.
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