PhosCo Ltd ( (AU:PHO) ) has shared an update.
PhosCo Ltd has announced a series of financial offers aimed at raising capital, including a pro rata rights issue, a placement facility for oversubscriptions, conversion options for note holders, and lead manager options. These offers, fully underwritten by Westar Capital Limited, are intended to raise over $6 million before costs, potentially impacting the company’s financial position and market operations.
More about PhosCo Ltd
YTD Price Performance: -5.71%
Average Trading Volume: 77,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.02M
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