Guys, the insto shares won't trade until next Wednesday and the fact that the insto placement is around $89m, that's hardly anything compared to the $211m for existing shareholder. It's purely a way for the company to manage the risk of capital raising.
Can you imagine if they give the whole $300m to existing shareholders and not having much take up? What impact would it have on the deal?
Questions need to be asked..., page-9
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Last
$5.62 |
Change
0.010(0.18%) |
Mkt cap ! $6.217B | |||
| Open | High | Low | Value | Volume |
| $5.65 | $5.67 | $5.62 | $10.93M | 1.940M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48127 | $5.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.65 | 27395 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SDF (ASX) Chart |