30 May 2006capital raising announcement▲ GoodMajor
Raised $32.2 million placing 1.15 million shares at $28.04 with thirty accredited investors, a 5% discount to the market price. The shares have almost tripled since the $10.30 placement eleven months earlier.
What it means for a shareholder
1.1m new shares at $28.04 to raise about $32.2m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.