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An update from Hydrocarbon Dynamics ( (AU:HCD) ) is now available.
Hydrocarbon Dynamics Limited has announced a 1 for 3 non-renounceable Entitlement Offer at 0.2 cents per share, aiming to raise approximately $718,000 before costs if fully subscribed. The offer is structured as a pro rata non-renounceable issue and is not expected to significantly affect the control of the company, depending on investor demand and existing holdings.
More about Hydrocarbon Dynamics
Hydrocarbon Dynamics Limited operates in the energy sector, focusing on hydrocarbon-related technologies and solutions. The company is listed on the Australian Securities Exchange under the code HCD.
Current Market Cap: A$2.16M
For a thorough assessment of HCD stock, go to TipRanks’ Stock Analysis page.