They could make the rights issue at a higher price say $9 or $10, being fully underwritten by Sumitomo. That way Sumitomo can increase its stake,without a formal takeover as other shareholders renounce their rights. Probably boast the stock price, so Doug can offload more of his holdings.
They could make the rights issue at a higher price say $9 or...
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Last
$4.66 |
Change
0.000(0.00%) |
Mkt cap ! $1.781B | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.71 | $4.65 | $256.8K | 54.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 6794 | $4.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.67 | 2366 | 12 |
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| Last trade - 10.42am 01/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |