I for one am reasonably happy with the outcome. Firstly it is a pro rata rights issue which enables us to maintain our equity and possibly increase it a bit.
It also reduces the debt from over 49% to 41% and saves a 0.4% in interest rates. That in my opinion significantly reduces risks especially from greedy bankers asking for extra fees. Also the div yield remains attractive in spite of a reduction in NTA per unit.
Most importantly we were not screwed by placements to instos.
proposed cap raising, page-18
-
- There are more pages in this discussion • 10 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 CQE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.59 |
Change
-0.010(0.38%) |
Mkt cap ! $967.5M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.61 | $2.55 | $2.187M | 846.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1753 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 19769 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CQE (ASX) Chart |