I cannot believe that they are making the shares taken up under the placement (.32c) also eligible for the rights issue at .22c
That's not rewarding the long term shareholders. Institutions get to buy at an 18% discount and then get to have more at a 44% discount when having no prior interest or belief in the company.
Not happy Jan !
placement at 32c, page-3
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $64.27M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $13.54K | 62.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5563 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 11820 | 1 |
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| Last trade - 10.54am 05/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |