bullish

Orica Ltd

Orica Offering - Concentrated Active Holder Base Means Over-Raise Should Be OK - Index Implications

Orica is raising more than it needs to buy privately-held Axis Mining but it will be accretive in Year 1. There is an equity raise of A$650mm today, an SPP to follow, and index buying expected 5-8 Aug

Equity Capital Markets
298 Views, 03 Aug 2022 14:58
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Travis Lundy
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Quiddity Advisors
Japan & Hong KongEquitiesEvent-DrivenQuantitative Analysis

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL") BACKGROUND I have 20+yrs experience in A... 

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