If we assume you are right and there is a 1 for 3 rights issue at say $30, why is this a poor result for shareholders? All existing holders will get an opportunity to participate so the discount is shared equally - no shareholder is worse off unless the rights issue is non-renounceable and the shareholder does not have the cash to take up their rights. That is the only way they lose out. The theoretical post rights price would be $35.25 so why do you think the shares would trade to $30 ??
Please do some analysis before posting comments.
wes explanation for trading halt, page-13
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$64.44 |
Change
-0.720(1.10%) |
Mkt cap ! $73.08B | |||
| Open | High | Low | Value | Volume |
| $64.85 | $65.16 | $64.19 | $87.44M | 1.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3120 | $64.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.44 | 1250 | 2 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| WES (ASX) Chart |