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ASX jumps 0.6% at open; materials and energy drag – The Sydney Morning Herald

The S&P/ASX 200 has opened higher with broad based gains, especially in financial and real estate sector stocks, but materials companies going ex-dividend are dragging….

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The fundraising was well-progressed, Freedom said, but there remained risks it could not be completed.
The on-going support of the Groups major shareholder and lenders both in the period prior to, and subsequent to, the proposed fund raising is critical to the ability of the Group to continue as a going concern, Freedoms directors said.
In the absence of the fund raising being completed, the Directors in consultation with their advisers will reassess the options available at that point in time,…

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