Thanks for the figures Von, I agree that the upside on this one is potentially huge.
I think that to assume a SPP at a premium to current share price is unrealistic. I've come across it written several times now on this thread that the last raising was at a premium to the SP at the time, however I can only find that it appears that ALT was trading around 2c-2.6c (and above) around the 2 Nov 2011 when they announced the last rights issue which was set at 2cents. I've never heard of a company doing a capital raising at a premium to market price? but then again I am not a professional investor. Why would you participate in the capital raising if you could buy cheaper on market (accounting for brokerage of course)? Yes, it fell below 2cents a few days after the announcement but the company didn't initiate the rights issue at a premium price.
All in all an exciting time ahead for ALT investors anyway. I'm looking forward to 2014 and seeing some of this "upside".
- Forums
- ASX - By Stock
- ALT
- pericoach dcf + burette numbers
pericoach dcf + burette numbers, page-2
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)