An update from PhosCo Ltd ( (AU:PHO) ) is now available.
PhosCo Ltd has announced a non-renounceable entitlement offer, allowing eligible shareholders to purchase new shares at a set price, aiming to raise approximately $5 million. The company also offers additional shares through an oversubscription facility and conversion options for note holders, which could impact its capital structure and shareholder base.
More about PhosCo Ltd
PhosCo Ltd operates in the financial sector, focusing on investment opportunities and capital management. The company offers various financial products and services to shareholders and stakeholders, aiming to enhance shareholder value through strategic financial initiatives.
YTD Price Performance: -4.29%
Average Trading Volume: 83,110
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.16M
For an in-depth examination of PHO stock, go to TipRanks’ Stock Analysis page.
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