Picture of ActivePort logo

ATV — ActivePort News Story

0.000.00%
au flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapSucker Stock

Australia's Activeport Group falls on discounted placement

BUZZ-Australia's Activeport Group falls on discounted placement 

** Shares of Australia's Activeport Group ATV.AX fall as much as 11.1% to A$0.016, hitting their lowest level in a week

** Network automation software solutions provider receives firm commitments to raise A$3.6 million ($2.51 million) via placement

** Issue price of A$0.015 per share, a 16.7% discount to last close

** Placement to strengthen co's balance sheet to support growth strategy

** Stock down 10.5% YTD, including session's moves



($1 = 1.4339 Australian dollars)


(Reporting by Subhalakshmi Dey in Bengaluru)

((Subhalakshmi.Dey@thomsonreuters.com;))

Recent news on ActivePort

See all news