After the rights issue concludes they will have 600M shares, they raised about $1b to spend $1.2b on spotless shares, and on opening their SP is down $2, $2x600M is $1.2b
They have lost $1.2B before they even spend the money.
Wow - a mega disaster in the making, page-23
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$5.78 |
Change
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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 | $5.78 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 9210 | 3 |
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