Audinate Group Limited

ASX:AD8

Audinate Group Limited

ASX:AD8
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$8.47 (-5.5%)
Last close price
#5
Rank
93
Held by
122
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Vandelay
Company Report
Last edited one year ago
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#181
Performance (51m)
13.0% pa
Followed by
157
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#Capital Raising
stale
Vandelay
Added one year ago
View author's company report

Looks like Audinate is taking advantage of the rocketing share price to raise capital. Wonder if there will be an SPP for us mere retail investors.

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#Trading Update
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Vandelay
Added 3 years ago
View author's company report

Audinate slipped an announcement to market last night after close. Just a general trading update where management providing some commentary around current trading conditions, and i guess trying to provide clarity on why revenues are down. Its been 2 consecutive quarters of revenue decline. Q1 $7.6m usd, Q2 $7.2m usd and Q3 $6.5m usd.