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Big River Industries Ltd. ( (AU:BRI) ) has provided an announcement.
Big River Industries Ltd. has announced a renounceable pro-rata entitlement offer, allowing eligible shareholders to purchase three new shares for every thirty-five shares held at a price of $1.37 per share, aiming to raise approximately $10 million. This offer, fully underwritten by Petra Capital Pty Ltd and sub-underwritten by NAOS Sub-Underwriters, opens on December 8, 2025, and closes on December 17, 2025, and is considered highly speculative, impacting shareholder investment decisions.
The most recent analyst rating on (AU:BRI) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Big River Industries Ltd. stock, see the AU:BRI Stock Forecast page.
More about Big River Industries Ltd.
Average Trading Volume: 80,904
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$111M
For an in-depth examination of BRI stock, go to TipRanks’ Overview page.