The capital raisings are insane.
NAB
CSR
MGR
WBC
SHL
IOF
AMP
I added up about $50k of rights issues and SPPs in the space of three weeks. How is anyone expected to pay for all of those ? They should be spacing them out more.
The have all convinced themselves it has to be done RIGHT NOW. That is RETARDED. This insane capital raising has probably suppressed the market about 10% in the last month.
thanks westpac, page-42
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Last
$32.10 |
Change
-0.200(0.62%) |
Mkt cap ! $110.7B | |||
| Open | High | Low | Value | Volume |
| $32.37 | $32.44 | $31.87 | $150.8M | 4.698M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1365 | $32.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.11 | 15284 | 1 |
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| WBC (ASX) Chart |