Australia's Camplify Holdings gains most since July on premium placement

Camplify Holdings

30/10/2025 02:38

** Camplify Holdings CHL.AX soars as much as 20% to A$0.36; marks biggest intraday pct gain since July 18

** Stock hits highest since October 6

** Digital marketplace platform operator executes agreements for placement, enters commercial partnership with JB Group

** JB Group to subscribe for 10.5 mln Camplify shares at A$0.3072/share

** Issue price represents 2.4% premium to last close

** Proceeds will be used to strengthen co's balance sheet, enabling working capital

** Around 1.1 mln shares traded, 6.8x the 30-day average volume

** YTD, CHL falls 50.7%

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))