Elders Limited (AU:ELD) has released an update.
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Elders Limited has announced a retail entitlement offer, allowing eligible shareholders to purchase new shares at $7.85 each as part of a 1 for 5.05 pro rata offer. This initiative aims to raise approximately A$103 million and is fully underwritten, providing a significant opportunity for investors looking to expand their stake in the company. The offer opens on November 25, 2024, and closes on December 9, 2024.
For further insights into AU:ELD stock, check out TipRanks’ Stock Analysis page.