The share price has not been above the new issue price once since FID was announced - who is going to subscribe for new shares?
I would suggest less than 10-15% of retails holders will take up their rights. Company does not need to worry though - money will still be raised. Not a good result though for retail holders.
Worst Capital Raising for SYR
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
52.0¢ |
Change
0.035(7.22%) |
Mkt cap ! $446.1M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.5¢ | 49.0¢ | $4.362M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 70032 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 147948 | 10 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
51.5¢ |
Change
0.035 ( 5.21 %) |
||||
| Open | High | Low | Volume | ||
| 49.5¢ | 52.5¢ | 49.5¢ | 2425774 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| SYR (ASX) Chart |