The analyst says Guinness Peat Group, which bought 9.9% of Tower earlier this year and gained two seats on the board for its Australasian generals, Tony Gibbs and Gary Weiss, will not be able to underwrite such a capital raising because it would take them over the shareholder cap of 10% that is in place until September this year.
Source: nzoom.com
The analyst says Guinness Peat Group, which bought 9.9% of Tower...
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Last
$1.06 |
Change
0.050(4.95%) |
Mkt cap ! $402.2M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.06 | $1.02 | $21.10K | 20.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5125 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 2125 | 1 |
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| Last trade - 10.51am 01/08/2024 (20 minute delay) ? |
| TWR (ASX) Chart |