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How Will Comms Group’s $7M Raise Transform Its Tasmanian Expansion?
1:57am on Monday 2nd of June, 2025 AEST
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How Will Comms Group’s $7M Raise Transform Its Tasmanian Expansion?
1:57am on Monday 2nd of June, 2025 AEST
Key Points
Fully underwritten 1-for-9 entitlement offer at $0.05 per share
Placement raises $4.8 million alongside $2.2 million entitlement offer
Acquisition of TasmaNet for $10 million to expand service capabilities
Proforma annualised revenue to rise to approximately $75 million
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Comms Group (ASX:CCG)
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