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Capital Watch: FerrAus, Carpentaria and more

FERRAUS has raised $A21.5 million through a placement to its subsidiary, Hong Kong-listed Wah Nam...

Nick Evans

The placement was conducted at 86c, an 8.5c premium to the company’s 30-day volume-weighted average price (based on closing prices) of 79.3c. The placement sees Wah Nam take an 11.5% stake in Ferraus....

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