Maybe if they were buying their shares back at 2.50 it might be so. Rights issue priced around 30% discount appears high imo.
BGA done placement yesterday to institutional investors and spp to reduce debt at discount of around 10%.
Its possible rights issues have larger discounts to please all shareholders but it dilutes eps and impacts share price.
Maybe if they were buying their shares back at 2.50 it might be...
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Last
$4.64 |
Change
0.050(1.09%) |
Mkt cap ! $6.080B | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.66 | $4.58 | $5.056M | 1.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $4.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 33521 | 4 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| HVN (ASX) Chart |
