PRN 2.97% 98.0¢ perenti limited

what's happening here?, page-3

  1. 1,226 Posts.
    there was a small artcile in the aust...100 mill is a lot :/

    http://www.theaustralian.com.au/business/city-beat/ausdrill-works-on-100m-raising/story-fn4xq4v1-1225845979184

    AUSDRILL is tipped to announce it has raised more than $100 million via a discounted placement and entitlement offer.

    The Perth-based mining services company went into trading halt on Monday pending an announcement about a potential fundraising before being suspended Wednesday.

    City Beat hears Ausdrill could emerge any time with news it has raised $103.7m at $2 a pop.

    The raising is thought to have been well supported and is likely to have been oversubscribed.
    Ausdrill last traded at $2.27.
 
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