tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fat Prophets Global Contrarian Fund Raises $950,450 Through Share Purchase Plan

Story Highlights
Fat Prophets Global Contrarian Fund Raises $950,450 Through Share Purchase Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ).

Fat Prophets Global Contrarian Fund Limited announced the results of its Share Purchase Plan (SPP), which closed on 10 September 2025, raising $950,450 from 59 shareholders. The SPP offered shares at a price of $1.27, calculated as a 2% discount on the five-day volume-weighted average price. A total of 748,377 new shares are to be issued, potentially enhancing the company’s capital base and providing additional resources for future investments.

More about Fat Prophets Global Contrarian Fund Ltd.

Fat Prophets Global Contrarian Fund Limited operates in the financial services industry, focusing on investment management with a contrarian approach. The company offers investment opportunities primarily through its fund listed on the Australian Securities Exchange (ASX), targeting investors interested in global market opportunities.

Average Trading Volume: 52,497

Technical Sentiment Signal: Buy

For detailed information about FPC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1