Altamin Limited (AU:AZI) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Altamin Limited has announced a proposed accelerated non-renounceable entitlement offer, planning to issue up to 351,079,228 fully paid ordinary shares. This move is set to resume trading on an ex-entitlement basis starting November 1, 2024, with key dates including a record date of November 4 and an offer closing date for retail holders on November 18. The offer aims to enhance capital structure, attracting investor interest in the company’s growth potential.
For further insights into AU:AZI stock, check out TipRanks’ Stock Analysis page.