Online broker SelfWealth raising capital
ASX-listed online share brokerage SelfWealth was tapping the market for fresh equity on Thursday.
The $26 million company was looking to raise $3 million through a placement priced at 14¢ a share, according to terms sent to funds. SelfWealth’s shares last closed at 15¢.
Melbourne boutique BW Equities was lead manager on the deal and bids were being called for by COB Thursday.
SelfWealth offers its clients a flat fee share trading service, charging $9.50 per trade.
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