G8 in capital raising

Childcare operator G8 hopes to raise $60 million in a share placement.

G8 Education (GEM) is wasting little time in making hay while the sun shines with the childcare centre operator going into a trading halt to announce a capital raising.

Management is looking to do a share placement to sophisticated and professional investors, and The Australian reports that G8 is hoping to get $60.1 million at $3.10 a new share, which is a modest 7.2% discount to its last traded price.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

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

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles