Business
Why you need to watch the Corporate Travel (ASX:CTD) share price today – Motley Fool Australia
The Corporate Travel share price is one to watch after completing its institutional capital raising today. We take a closer look.
The Corporate Travel Management Ltd (ASX: CTD) share price is back on the market today and could be on the move.
What’s been happening in recent days?
Corporate Travel shares haven’t traded since last Friday ahead of an equity capital raising.
The Aussie travel group has successfully raised $262 million via an Institutional Entitlement Offer at $13.85 per share with 90% take-up.
That represents a 14.3% discount to the $16.16 that the Corporate Travel share price closed at on Friday. The trav…
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