BSI's rights issue fixes the free float only if BNI and BRI step aside
BSI wants up to 6.8bn new shares by Q1 2027, just ahead of the IDX's 12.5% free-float deadline. We rebuilt the deal from the filing, KSEI ownership data and our bank models: the price chart, the free-float arithmetic, what the capital guidance implies about price, and valuation.
- Interactive calculator
- Excel model
- 5 charts
- 2 tables