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.
I for one am reasonably happy with the outcome. Firstly it is a...
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Last
$2.38 |
Change
0.020(0.85%) |
Mkt cap ! $886.5M | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.38 | $2.35 | $391.1K | 165.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 11245 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 3997 | 14 |
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| Last trade - 14.00pm 10/07/2024 (20 minute delay) ? |
| CQE (ASX) Chart |