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
$5.78 |
Change
0.060(1.05%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.78 | $5.88 | $5.77 | $3.584M | 617.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8576 | $5.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 9210 | 3 |
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