The raising, comprising a placement and rights issue through Sydney-based Foster Stockbroking, is set to be priced at 15¢ a share, representing a 70 per cent discount to the company’s last closing price of 49¢.
ouch.
https://thewest.com.au/business/mining/kalium-lakes-swallows-big-discount-on-60m-emergency-raising-ng-b881543827z
Ann: ASX Waiver Decision Listing Rule 10.11.3, page-6
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