AXL 0.00% 9.3¢ axel ree limited

It is not a capital raising - it would've mentioned if they...

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    It is not a capital raising - it would've mentioned if they needed capital. they already did a bond raising so have enough funds.

    It is probably a change in strategic direction, perhaps it could be mixed/neutral, it could be them chasing new business areas as announced, or a problem with their existing business or arrears after a deep review, or ceasing hospitality lending for transport lending, or a combination of somthing like this.
    Last edited by Nige456: 12/09/18
 
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