GMM 0.00% 65.5¢ general mining corporation limited

Can anyone tell me what this means: ' capital raising to be...

  1. 104 Posts.
    Can anyone tell me what this means:

    ' capital raising to be conducted over the course of today and tomorrow by way of a placement to sophisticated and professional investors, and to allow the bookbuild for that placement to take place; '
 
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Currently unlisted public company.

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