There was an extra 155% shares issued, per my post yesterday in the other thread.
There were 135m existing, plus 150m issued via the institutional placement (including oversubscription from Bain), plus the 50-70m issued to existing retail holders. Multiply the current share price by around 2.5 to 2.6x and you have your pre-COVID 'like-for-like' comparison in terms of the share price (e.g. today, circa $8.10-8.40)
The extent of dilution has been grossly misunderstood by many, and I say that as someone who has held this stock since 2013 (selling bits here and there, as I did yesterday).
There was an extra 155% shares issued, per my post yesterday in...
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Last
$4.40 |
Change
-0.100(2.22%) |
Mkt cap ! $1.589B | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.52 | $4.36 | $11.01M | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13207 | $4.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.42 | 19062 | 4 |
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| Last trade - 16.15pm 23/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |