Australia's Fatfish set for best day in 3 weeks on premium placement

Fatfish

28/04/2023 02:57

** Shares of Fatfish Group Ltd  FFG.AX  climb as much as 40%
to A$0.021, their highest since April 6
    ** Internet venture investment company says raised  A$1.3
mln ($863,200.00) in new capital at an issue price of A$0.025, a
premium of 66.7% to the last closing price of A$0.015 on April
26; stock placed on a trading halt on April 27 pending
announcement on capital raise 
    ** Stock posts its biggest intraday pct gain since April 6
    ** More than 4.5 mln shares change hands, twice the 30-day
average volume 
    ** Stock down ~17% this year, as of last close



($1 = 1.5060 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))