Given the rights issue is priced at a premium and post the annouement the market still did not come close to the rights issue price, its hard to see investors taking up their rights.
Under such a scenario some unknown private investor, Argosoy Capital is now going to own up to 27% of UBN at a fraction of its true value....
Did the Board properly value the company?
Did the Board consider a sale of 100% of the company to maximise value for existing sharholders?
Given the rights issue is priced at a premium and post the...
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9902 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 10000 | 1 |
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| Last trade - 07.00am 26/11/2024 (20 minute delay) ? |
| UBN (ASX) Chart |
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