$2.60 market price is less than the $2.70 rights exercise price
is it because of POG; or is it because of bad tropicana deal?
$450m to be raised by issue of 166.6m rights shares at $2.70 per share
the rights are underwritten by Merrill Lynch
perfect stage for underwriters to take all
instos have their fill
short the share next week?
Tropicana, page-171
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Last
$2.16 |
Change
0.090(4.35%) |
Mkt cap ! $1.631B | |||
| Open | High | Low | Value | Volume |
| $2.12 | $2.20 | $2.11 | $15.36M | 7.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 62202 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 53034 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |