Binero: Directed share issue and a proposed rights issue - Redeye
Redeye comments on Binero’s directed share issue and a proposed rights issue, amounting to a total of cSEK14m. The net proceeds are intended to offset debt and decrease interest paid to avoid unnecessary costs. We find the discount of 10% (to a five-day average price) and 4% based on yesterday’s closing price as fair, especially given the cost-effective procedure.
Länk till analysen i sin helhet: https://www.redeye.se/research/902532/binero-directed-share-issue-and-a-proposed-rights-issue?utm_source=finwire&utm_medium=RSS