Business
Citi underwrites $115m deal for Novonix – The Australian Financial Review
Citi’s equities desk is in the market with a $115 million institutional placement for lithium play Novonix.
Citis equities desk is in the market with a $115 million institutional placement for lithium ion battery play Novonix.
Novonix shares were halted from trading on Thursday. Jim Rice
The broker was seeking buyers for 39.7 million new Novonix shares at $2.90 each, which was an 11.9 per cent discount to the last close.
Funds raised were for capital expenditure and boost production at its Novonix Anode Materials.
The placement was underwritten and took place as the companys directors said they would…
-
Noosa News22 hours ago$20 million program to help women return to work
-
General18 hours agoAustralia’s Diamonds defeat South Africa’s Proteas 65-42 in third netball Test
-
Noosa News22 hours agoSerious traffic crash, Noosa – Sunshine Coast
-
General18 hours agoThousands join pro-Palestinian rallies in towns and cities across Australia amid ceasefire