The AFR is saying
Gascoyne Resources has hired Perth stockbrokers Hartleys and Argonaut Securities to oversee an equity raising.
The brokers launched a $15 million placement on Thursday morning, which was able to be increased to as much as $19 million, and would be followed by a share purchase plan to raise up to another $5 million.
Gascoyne was proposing to issue new shares at 30¢ each which was a 16.7 per cent discount to its last close.
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19 | 73107 | 1.535 |
13 | 81825 | 1.530 |
9 | 85015 | 1.525 |
6 | 345915 | 1.520 |
Price($) | Vol. | No. |
---|---|---|
1.545 | 26243 | 13 |
1.550 | 39639 | 16 |
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