Skin Elements Limited (AU:SKN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Skin Elements Limited is set to raise approximately $514,000 through a 1-for-5 entitlement offer, with options attached to each new share, to fund business development, sales, production, and operational costs. The offer, which is not underwritten, is open to eligible shareholders in Australia and New Zealand. Additionally, the company has received court approval for auditor appointments and compliance notices.
For further insights into AU:SKN stock, check out TipRanks’ Stock Analysis page.