CTD is seeking to raise $53 million to buy a 75% stake in Asian travel business, Westminster Travel. This will be funded by a 4 for 27 rights issue at $4.60.
Never like capital raisings but this was on the cards as they flagged Asian expansion. Haven't seen numbers on Westminster but if it looks ok will certainly participate.
CTD seems certain to continue on its massive growth trajectory. And even after rights still few on issue.
Ann: Trading Halt , page-2
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Last
$12.65 |
Change
0.030(0.24%) |
Mkt cap ! $1.851B | |||
| Open | High | Low | Value | Volume |
| $12.70 | $12.84 | $12.53 | $3.735M | 295.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4546 | $12.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.65 | 755 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CTD (ASX) Chart |