First Graphene Ltd ( (AU:FGR) ) just unveiled an announcement.
First Graphene Limited has announced a pro rata non-renounceable entitlement issue of approximately 186,932,376 new options at a grant price of $0.005 per option to eligible shareholders, aiming to raise up to approximately $934,662. The company has also issued a shortfall offer and broker options to Foster Stockbroking Pty Limited and Ord Minnett Limited, who have been appointed as brokers to place the shortfall and joint lead managers to the placement. This move is expected to impact the company’s financial strategy and market positioning, offering stakeholders an opportunity to invest in highly speculative new options.
More about First Graphene Ltd
YTD Price Performance: 100.0%
Average Trading Volume: 298,253
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $21.69M
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