They're raising about 20% of market cap in new capital, at a 30% discount.
The current register is like 95% retail, and the new issuance is like 90% institutional allocation.
So you're losing about 5% in dilution, which you wouldn't have lost if they raised the capital differently.
Put another way, ~$500 on every $10k owned was transferred from your pocket, to a client of Bell Potter's pockets.
They're raising about 20% of market cap in new capital, at a 30%...
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Last
$1.95 |
Change
-0.060(2.99%) |
Mkt cap ! $1.486B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.00 | $1.89 | $27.90M | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65427 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 57000 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |