ACB a-cap energy limited

Ann: Trading Halt, page-8

  1. 1,164 Posts.
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    Note that the specific wording is “a capital raising” not “the capital raising” implying that it may be related to another capital raising?

    ACB may have been approached during the CR so this could be an institutional placement - ACB were always going to require additional funding to complete feasibility studies - the just completed rights issue is only to pay off the Shenke $13m debt.

    https://hotcopper.com.au/data/attachments/3708/3708488-e069a0022ce84bfae9e576669f734c62.jpg

 
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