Afternoon trading October 9, page-193

KTG,
Tripled their money already...

the offer officially commenced on 16 August 2019 to raise up to $7 million with the issue of up to 35,000,000 shares at an issue price of $0.20 as part of the 100% acquisition of leading Australian precision fabrication company K-TIG.

The Company is delighted to confirm that Alto Capital, Lead Manager, has received firm commitments of $7 million with bids received from institutional investors, high net worth and retail investors. Subject to customary ASX requirements, completion of the acquisition is anticipated to take place in September 2019 in line with the indicative timetable set out in the Prospectus dated 16 August 2019. Shares are anticipated to be reinstated to trading under the new ticker ASX: KTG.