It should just take all of the money ... if it needed $2b and then another $100m in an SPP what's the difference in an extra $50-$100m. With the current financial turmoil and their nose for a good deal I'm sure they could use the money very productively and keep their loyal Mum and Dad shareholders even happier.
I owned 600 shares prior to SPP and fully subscribed to $5000 worth ... think I may be lucky to get $2000 worth. Also as a Kiwi investor I had to buy the A$5000 at .8176 vs the NZ$ so at current .8475 I will also lose on converting any A$ I receive back to NZD ... plus the banks commission. Even at $20.50 the whole exercise will hardly have been worth it !!
Great company still ... just could've managed this a little better.
It should just take all of the money ... if it needed $2b and...
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$17.31 |
Change
0.420(2.49%) |
Mkt cap ! $26.00B | |||
| Open | High | Low | Value | Volume |
| $17.00 | $17.34 | $16.98 | $78.40M | 4.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 263 | $17.30 |
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| Price($) | Vol. | No. |
|---|---|---|
| $17.31 | 12595 | 3 |
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| QBE (ASX) Chart |