After the rights issue concludes they will have 600M shares, they raised about $1b to spend $1.2b on spotless shares, and on opening their SP is down $2, $2x600M is $1.2b
They have lost $1.2B before they even spend the money.
Wow - a mega disaster in the making, page-23
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Last
$5.81 |
Change
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Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.89 | $5.80 | $8.770M | 1.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 83526 | $5.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.81 | 7557 | 3 |
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