ASX:TUATelecom
Tuas (ASX:TUA) Valuation in Focus After AUD 50 Million Equity Raise
Tuas (ASX:TUA) has just wrapped up a follow-on equity offering, bringing in around AUD 50 million by issuing over 9 million new ordinary shares at AUD 5.51 each. Investors are watching closely as this capital injection is likely to shape Tuas’s next steps and how the market perceives its growth strategy.
See our latest analysis for Tuas.
Tuas shares have cooled off in the last month with a 15.5% drop, but when you zoom out, the momentum is still impressive. The past year’s total return stands...