Author Topic: QAN capital raising  (Read 280 times)

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Offline Nick Rossetto

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QAN capital raising
« on: 25/06/2020, 10:54:34 AM »
QAN raising capital now at $3.65. I am a holder but don't have this outcome in my plan. Is the process just to take the SELL signal regardless if / when triggers? Any comments welcome and I wil have to update the plan accordingly.

Offline PeterM

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Re: QAN capital raising
« Reply #1 on: 25/06/2020, 12:09:43 PM »
They cancelled the Dividend and now want more Capital ?  Are you thinking of Buying into the SPP - I assume as it would be below action price of 4.09.   Risky as if get a Sell before you get the shares you are stuck with a small tranche in limbo.

Offline Nick Rossetto

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Re: QAN capital raising
« Reply #2 on: 25/06/2020, 04:00:17 PM »
No I don't reckon - would rather not have the option to be honest!