If there was any sign of being in anything resembling financial hardship, wouldn't the dividend be the first thing to go? Surely that would be better than diluting the stock and taking the sp lower by having a discounted cap raising! Surely that would be common sense!!!
downer plans capital raising, page-9
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Last
$5.78 |
Change
0.060(1.05%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.78 | $5.88 | $5.77 | $3.584M | 617.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8576 | $5.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 9210 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
