STRONG SUPPORT FOR POLARTECHNICS LIMITED (“PLT”) RIGHTS ISSUE
Polartechnics Limited (“the Company”) is pleased to advise that its capital raising programme by way of a Rights Issue as announced to the market on 27 September 2007 to raise of total of $9.648 million has been a complete success.
Shareholders demonstrated their support for PLT by subscribing approximately $5.1 million towards the Rights Issue.
In addition, the Company has also received irrevocable acceptances from eligible investors to fully subscribe to approximately $4.55 million being the shortfall of the
Rights Issue. Final placement of the shortfall is expected to occur by 30 November 2007.
The Rights Issue details can be summarised as follows:
Number of Shares Amount
Total Offered 24,121,524 $9,648,610
Taken Up 12,742,096 $5,096,838
Shortfall 11,379,428 $4,551,772
Sounds good!
Other's thoughts.... especially TTH
- Forums
- ASX - By Stock
- PLT
- strong support for plt rights issue
strong support for plt rights issue
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLT (ASX) to my watchlist
(20min delay)
|
|||||
Last
71.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $125.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.5¢ | 1323 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 0.725 |
1 | 1100 | 0.720 |
2 | 30830 | 0.710 |
1 | 9191 | 0.705 |
4 | 211758 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.690 | 13 | 1 |
0.755 | 1323 | 1 |
0.760 | 6446 | 1 |
0.770 | 3200 | 1 |
0.780 | 25391 | 2 |
Last trade - 16.12pm 22/07/2024 (20 minute delay) ? |
Featured News
PLT (ASX) Chart |
Day chart unavailable