Well then, NAB should have made it a rights issue, either renounceable, or non-renounceable with provision for a % oversubscription, not a SPP. However, I suspect the non-capped nature of the SPP provides greater likelihood of them getting the monies they are seeking if things are turning to $h!t. The opportunity cost is borne solely by the applicants via having excess funds tied up if the raising goes well.
todays the day, page-83
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Last
$38.05 |
Change
-0.530(1.37%) |
Mkt cap ! $117.5B | |||
| Open | High | Low | Value | Volume |
| $38.77 | $38.85 | $38.05 | $164.0M | 4.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9377 | $38.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.10 | 2016 | 2 |
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