The funding is approved, it is more than $138m and FND have selected 4 banks as a syndicate.
$50m in mezzanine/equity being organised. Potentially a rights issue and this is why the SP is at the current level, the major shareholders want to get in cheap.
about to run?, page-6
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Last
$3.58 |
Change
0.020(0.56%) |
Mkt cap ! $174.7M | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.77 | $3.55 | $435.2K | 120.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 550 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.59 | 4509 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FND (ASX) Chart |