Trying to understand this.
Does this mean we retail investors don't get a bite at the 32c placement?
But if we hold at 17 Sept we get the 1:3.75 rights issue at 22c?
Surely the institutions will sell down their 32c as soon as they're tradeable?
Is it logical that we can expect .32 to be a floor? Or will it slide down to 22 - just as BLY has to its rights issue price of 27?
Anyone got any predictions on this?
placement at 32c, page-19
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $42.36M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.5¢ | $18.38K | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55999 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 25347 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |