Capital Raise In October, DUG successfully completed an institutional placement to raise approximately A$30.0 million3 , at A$1.90 per share, which represents a 12.8% discount to the prevailing share price4 . We were delighted that the placement was strongly supported by both existing shareholders and new investors. The capital raised will be used to accelerate DUG’s growth across three key growth opportunities: o Data centre infrastructure for Elastic MP-FWI Imaging projects.
The capital raising knocked the wind out of DUG!!!
Return (inc div) 1yr: 3.83% 3yr: 33.42% pa 5yr: N/A