Are we going to see 3.1+ for the 1st time
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Are we going to see 3.1+ for the 1st time
More than 22 mil Shares have changed hands today so far
Cash raising at 2.2 cps? Won't that send the price sharply back to that level?
EDIT: Yup, down it goes
Same Class Equity Offer (Share Purchase Plan)
1:12pm, 28 Aug 2017 | OFFER
Whats this all about then? https://www.nzx.com/companies/NTL/announcements/306269
oh ffs.
What could the money be used for? Is NTL not fully funded?
How do we know how many shares are available? i.e. how can you calculate the effect of dilution if the share quantity on offer isn't valid. I see it is limited to $15,000 max per shareholder, but if every shareholder had on average $15,000 of shares then worst case scenario the share value could be diluted by 50% of course it wont....... just a hypothetical.
Anyone know why the recent trades column is not updating with these figures?
Hmm. Jumping on the negative bandwagon, could this be their last attempt to get some cash before less than stellar results released?
NTL must think the shares must be fully priced at these price levels or they would have waited and done a SPP at a higher price.