The cap raising issue won't go away, the book reads the longer you delay a raising the lower the price
Does anybody have any thoughts as to how Downer would structure a raising, Rights issue, placement, SPP?
Probably a rights issue combined with a sophisticated placement with a large insto, overs may or may not be applied for. Though with my small holding (1 share) left after a cheeky day trade I'm hoping for a 15k SPP for max upside downside limited.....
The cap raising issue won't go away, the book reads the longer...
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Last
$5.86 |
Change
0.080(1.38%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.90 | $5.80 | $6.596M | 1.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 20773 | $5.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.89 | 5693 | 2 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
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