DOW 0.59% $5.10 downer edi limited

After the rights issue concludes they will have 600M shares,...

  1. 6,633 Posts.
    lightbulb Created with Sketch. 615
    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.
 
watchlist Created with Sketch. Add DOW (ASX) to my watchlist
(20min delay)
Last
$5.10
Change
0.030(0.59%)
Mkt cap ! $3.425B
Open High Low Value Volume
$5.11 $5.18 $5.07 $10.18M 1.991M

Buyers (Bids)

No. Vol. Price($)
1 2000 $5.00
 

Sellers (Offers)

Price($) Vol. No.
$5.16 3000 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$5.10
  Change
0.030 ( 0.64 %)
Open High Low Volume
$5.09 $5.18 $5.07 442292
Last updated 15.59pm 29/03/2024 ?
DOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.