It means Capital Raising - raising money by issuing new shares to investors.
Existing holders don't usually like CR's as they dilute their share value. Obviously, long term they are a necessity for some companies.
By the way, does anyone know how long Ashburton's website has been non-functional?
Not a bad omen, I hope!
- Forums
- ASX - By Stock
- in pre-open?
It means Capital Raising - raising money by issuing new shares...
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)