middle.news

BauMart Launches $482K Rights Issue at 75% Discount to Fuel Growth

8:23am on Wednesday 30th of April, 2025 AEST Industrial Goods & Services
Read Story

BauMart Launches $482K Rights Issue at 75% Discount to Fuel Growth

8:23am on Wednesday 30th of April, 2025 AEST
Key Points
  • Rights issue offers 1 new share for every 3 held at $0.01, a 75% discount
  • Target raise of approximately $482,000 before costs
  • Funds allocated to mining and construction equipment delivery, R&D, recruitment, and working capital
  • Offer open to eligible Australian and New Zealand shareholders, closing 23 May 2025
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Baumart (ASX:BMH)
OPEN ARTICLE