Audinate Group Limited

ASX:AD8

Audinate Group Limited

ASX:AD8
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$6.22 (-5.3%)
Last close price
#9
Rank
99
Held by
124
Followers
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Vandelay
Company Report
Last edited 2 years ago
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ranked
#114
Performance (55m)
12.5% pa
Followed by
157
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#Capital Raising
stale
Vandelay
Added 2 years 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
stale
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.