Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
WA Kaolin Ltd. ( (AU:WAK) ) has provided an announcement.
WA Kaolin Limited has announced a fully underwritten pro-rata accelerated non-renounceable rights offer to raise approximately $7 million by issuing 174,544,708 new shares at $0.04 each. The offer includes one free unlisted option for every two new shares issued, with an exercise price of $0.09 and an expiry date of June 30, 2027, and is managed by Canaccord Genuity (Australia) Limited with co-managers Leeuwin Wealth Pty Ltd and JP Equity Partners.
More about WA Kaolin Ltd.
YTD Price Performance: 40.0%
Average Trading Volume: 108,174
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$36.65M
For a thorough assessment of WAK stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue