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Penrice: capital raising extended

Austrialian soda ash maker Penrice Soda Holdings announced in mid-November 2008 that it has extended its capital raising to existing shareholders in a bid to raise a further AUD 2 million.
The Adelai…

Austrialian soda ash maker Penrice Soda Holdings announced in mid-November 2008 that it has extended its capital raising to existing shareholders in a bid to raise a further AUD 2 million. The Adelaide-based company announced an AUD 8.5 million institutional buy after its AGM, but has invited those with holdings from AUD 1,000-AUD 5,000 to buy at AUD 1.15 a share, an 8% discount on trades.

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