AACo considering capital raising

Group confirms reports it is considering raising, Wellington reduces stake.

Australian Agricultural Company Ltd (AAC) has confirmed speculation it is mulling a capital raising share issue to shore up the group's blance sheet.

In a statement to the Australian Securities Exchange, AACo said it has in the past, and was currently, considering options available to strengthen the balance sheet, including a capital raising.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles