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The latest update is out from Cape Range Ltd. ( (AU:CAG) ).
Cape Range Ltd, listed on the ASX under the ticker CAG, has announced the dispatch of its entitlement offer booklet to shareholders. This offer is a 1 for 1 pro-rata non-renounceable entitlement offer, allowing shareholders to purchase new shares at $0.06 each. The offer opens on March 12, 2025, and closes on April 1, 2025, unless extended. This move is part of the company’s efforts to raise capital, potentially impacting its financial position and shareholder value.
More about Cape Range Ltd.
YTD Price Performance: -5.00%
Average Trading Volume: 16,473
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$18.03M
For a thorough assessment of CAG stock, go to TipRanks’ Stock Analysis page.