Raisings restricted to micro-caps
Anthony MacdonaldColumnist
Updated
Equity capital raisings were restricted to micro-cap stocks on Monday, including Oil Basins and Clean TeQ Holdings.
■ Oil Basins announced a share purchase plan to raise up to $2.25 million. The company is selling shares at 2.5¢ each, a 16.6 per cent discount to its last closing price.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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