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
-
- There are more pages in this discussion • 7 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 SDF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.60 |
Change
-0.025(0.44%) |
Mkt cap ! $6.173B | |||
| Open | High | Low | Value | Volume |
| $5.63 | $5.63 | $5.56 | $3.602M | 644.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 24258 | $5.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.60 | 15475 | 29 |
View Market Depth
| Last trade - 15.52pm 18/11/2024 (20 minute delay) ? |
| SDF (ASX) Chart |