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Emu NL ( (AU:EMU) ) has issued an update.
EMU NL has issued a Supplementary Prospectus to provide additional information regarding its Shortfall allocation policy after a query from the ASX. The company aims to secure long-term or cornerstone investors and ensure an appropriate shareholder base, while adhering to legal and regulatory requirements. This update clarifies the allocation process for any New Shares and Options not taken up during the offer, with potential involvement of a lead manager to assist in placing any shortfall.
More about Emu NL
Average Trading Volume: 286,310
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.65M
For detailed information about EMU stock, go to TipRanks’ Stock Analysis page.