An update from Gryphon Capital Income Trust ( (AU:GCI) ) is now available.
Gryphon Capital Income Trust has announced a pro-rata non-renounceable entitlement offer of new units to holders of ordinary units in Australia and New Zealand, along with a Wholesale Shortfall Offer. This initiative is designed to potentially raise additional capital for the Trust, impacting its financial strategy and stakeholder interests. The offer will not involve a product disclosure statement and is limited to specific regions, highlighting the localized focus of the capital raising effort.
More about Gryphon Capital Income Trust
YTD Price Performance: -0.49%
Average Trading Volume: 715,370
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of GCI stock, go to TipRanks’ Stock Analysis page.