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The latest announcement is out from Optiscan Imaging Limited ( (AU:OIL) ).
Optiscan Imaging Limited is conducting a pro-rata renounceable entitlement issue, offering one share for every four shares held at an issue price of $0.085 per share, aiming to raise approximately $17.75 million. This offer is fully underwritten by Peters Investments Pty Ltd, and is considered highly speculative, with shares not being offered to shareholders outside Australia, New Zealand, or Singapore.
More about Optiscan Imaging Limited
Average Trading Volume: 119,999
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$66.83M
See more insights into OIL stock on TipRanks’ Stock Analysis page.