$110 million all up.
1 for 2 rights issue which working backwards looks at about 32 cents.
$74 million placement.
Helmsec Global Capital helping to raise the placement money which looks to be 2 to 3 times oversubscribed by US investors. Australian roadshow has been cancelled and deadline for bids has been brought forward from Oct 6 to 30 september.
All up sounds like a great deal for existing shareholders going forward.
- Forums
- ASX - By Stock
- BTU
- rights issue
rights issue, page-22
Featured News
Add BTU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online