NuEnergy Gas Limited (AU:NGY) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
NuEnergy Gas Limited has announced a partially underwritten renounceable pro-rata entitlement offer, proposing to issue 8 new shares for every 29 shares held at $0.02 each, aiming to raise around $8.17 million. The offer is set to close at 5pm AEST on Thursday, 12 September 2024. Shareholders are advised to consult their professional adviser for further information regarding the new shares offer.
For further insights into AU:NGY stock, check out TipRanks’ Stock Analysis page.