I agree that they should have at least outlined a clear strategy for the additional funds. They would probably argue that they charge very low fees without any performance fee so the shareholders cant complain too much. An unfortunate byproduct of that fee structure is that it means the only way they can increase their fee income quickly is raise capital (which we are seeing all the time with BKI).
Ann: BKI Announces Entitlement Offer and General Offer, page-11
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Last
$1.72 |
Change
0.000(0.00%) |
Mkt cap ! $1.380B | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.72 | $1.70 | $1.125M | 658.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16549 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 15389 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| BKI (ASX) Chart |
