Australia's Carnegie Clean Energy falls on discounted placement

Carnegie Clean Energy

12/08/2025 02:37

** Shares of Carnegie Clean Energy CCE.AX fall 9.1% to A$0.06, their lowest level since August 4

** Ocean energy technologies developer launches A$3 mln ($1.95 mln) share purchase plan at 5.7 Australian cents per share

** Issue price represents a discount of 13.6% to last close

** Stock up 66.7% this year, including the day's move

($1 = 1.5354 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))