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IFM - Infomedia News Story

A$1.47 -0.1  -4.9%

Last Trade - 14/05/21

Sector
Technology
Size
Small Cap
Market Cap £303.4m
Enterprise Value £252.6m
Revenue £51.9m
Position in Universe 396th / 1913

BRIEF-Infomedia Announces $70 Mln Capital Raising

Thu 23rd April, 2020 12:55am
April 23 (Reuters) - Infomedia Ltd  IFM.AX :
    * INFOMEDIA LTD ANNOUNCES $70 MILLION CAPITAL RAISING
    * REAFFIRMS FY20 OUTLOOK FOR REVENUE OF $93MLN - $95MLN
    * REAFFIRMS FY20 OUTLOOK FOR NPAT OF $18MLN - $19MLN
    * AS AT 31 MARCH, CASH BALANCE OF $15.2 MILLION
    * UNDER PLACEMENT, ABOUT 46.6 MILLION NEW SHARES TO BE
ISSUED AT
$1.50/NEW SHARE

Source text https://reut.rs/2xHjWmn
Further company coverage:  IFM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))
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