This is brilliant. A huge announcement about proposed Newcastle purchase and a sure thing capital raising with a deadline today - no need to languish.
These guys a doing their job!
Will STO top up to keep up? How far are they allowed to go?
Surely the market will value ESG higher on the back of this - even with some dilution.
"Final issue price to be determined by a bookbuild". Is that analogous to a tender? How's it work?
What's the price going to be when trading resumes? $1.X?
Ann: Equity Raising , page-26
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