Openn Negotiation jumps most in 4 weeks on raising capital

Openn Negotiation

05/08/2022 04:06

** Shares of online property sales platform Openn
Negotiation  OPN.AX  rise as much as 17.2% to A$0.17, eyeing
their best session since July 6, if gains hold
    ** OPN says it raised A$1.5 million ($1.04 million) on share
purchase plan completion  urn:newsml:reuters.com:*:nASXbpmjjL
    ** Plan follows a A$3 mln placement
    ** Funds acquired to be used for co's expansion in North
America, says co
    ** Shares hit their highest levels since July 29
    ** Stock has risen ~11.5% this year, as of last close

($1 = 1.4360 Australian dollars)

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))