I agree traineeinvestor,
Management of most companies and their advisers continually seem to offer a special deal to institutions with total disregard to current retail holders when they do a capital raising. The recent CBA rights issue show how to do it fairly, the rights are pro-rata and renounceable. Even if you do not participate, you get some benefit by selling the right. Compare that to the mess with the ANZ capital raising.
That being said, I like the regulatory and market tailwinds behind CGF.
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Last
$6.51 |
Change
-0.310(4.55%) |
Mkt cap ! $4.500B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.75 | $6.51 | $23.40M | 3.576M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 78881 | $6.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.58 | 10642 | 3 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| CGF (ASX) Chart |