Australia's LGI hits one-week high on fund raising
23/10/2025 01:37
** Shares of LGI Ltd LGI.AX rise 5.2% to A$4.01, their highest level since October 16 ** Renewable energy co raises A$51.2 million ($33.27 million) via placement and A$5 million via share purchase plan at A$3.85 per share ** Issue price is the same as stock's last close ** Stock up 37.6% YTD ($1 = 1.5389 Australian dollars) (Reporting by Jasmeen Ara Shaikh in Bengaluru)