On 31 March 2020 ASIC and ASX announced temporary emergency capital raising relief to help facilitate capital raisings. The relief allows issuers to selectively issue 25% of new shares (previously 15%) provided that they make an entitlement offer or SPP as a follow-on to the placement at the same or lower price. The regime expires on 31 July 2020 unless the ASX determines to remove or extend the relief.
https://www.livewiremarkets.com/wires/equity-investors-face-mass-dilution-from-supersized-capital-raisings
On 31 March 2020 ASIC and ASX announced temporary emergency...
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$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.95 | 8747 | 4 |
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