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Friday's 20 per cent fall in shares of group flagship Adani Enterprises dragged it 11 per cent below the minimum offer price of the secondary sale.
He went on to claim they offer price reductions on a weekly basis, but Aurora-Oak Ridges-Richmond Hill MP Leah Taylor Roy wasn’t buying it.
Source: https://vancouver.citynews.ca/2023/12/12/canada-grocery-industry-record-profits/
"In this line, the tool can also be used to offer price projections of different financial assets such as stocks and cryptocurrencies like Bitcoin (BTC) for the end of 2023 and beyond," the report noted.
Nigeria’s premier and largest non-interest bank, Jaiz Bank is undertaking a rights issue of about 5.41 billion ordinary shares of 50 kobo each at offer price of N1 per share, representing initial offer size of N5.4 billion.
Source: https://thenationonlineng.net/banks-in-n400b-recapitalisation-drive-at-stock-market/
The offer price is $38 per ordinary share, offering a premium of 31.2% over TARO's closing price on May 25, 2023, when the deal was announced.
The secondary share sale by Adani Enterprises opened for retail and institutional investors on Friday, but saw only 1% subscriptions as the company’s stock fell 11% below the minimum offer price.