AJA 0.00% $7.23 astro japan property group

re: Ann: Underwritten Equity Raising of A$23.... I wonder why...

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  1. 186 Posts.
    re: Ann: Underwritten Equity Raising of A$23.... I wonder why this was not offered to existing holders?

    At 3.02, surely it would have been taken up. At least we could have averaged down to try to maintain the same yield. To not even reduce debt by 3%, I am wondering where the benefit is other than to the ins to.
 
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