IMO all corporate capital raisings should include a rights issue for existing shareholders. Although not my preference the rights issue can sit alongside an institutional placement if necessary.
A companies board should give greater consideration to providing a equitable opportunity for existing shareholders (part-owners) to maintain their proportional ownership.
HSN are by no means alone in disadvantaging exisiting holders during capital raisings.
Although disappointing this issue by itself is not enough to change my positive view of HSN as an investment.
IMO all corporate capital raisings should include a rights issue...
-
- There are more pages in this discussion • 23 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 HSN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.50 |
Change
0.050(0.92%) |
Mkt cap ! $881.1M | |||
| Open | High | Low | Value | Volume |
| $5.55 | $5.59 | $5.46 | $1.686M | 305.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4028 | $5.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 1828 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| HSN (ASX) Chart |
