Yes, in theory it does dilute QAN SP. It's an additional 137 million new shares. Also, last week we saw Qantas finalise the institutional placement where 372 million new shares got released for sale to institutional investors. These were al purchased.
I'm also trying to understand why the SP is going up. VIC had over 70 new confirmed COVID cases yesterday. Maybe QAN SP following market sentiment or Rex and Boeing SP.
Yes, in theory it does dilute QAN SP. It's an additional...
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Last
$5.85 |
Change
-0.040(0.68%) |
Mkt cap ! $9.532B | |||
| Open | High | Low | Value | Volume |
| $5.84 | $5.91 | $5.84 | $38.05M | 6.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22710 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.86 | 26030 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| QAN (ASX) Chart |