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Bubs seeks $63m equity to fund US growth

Stockbrokers Bell Potter and Citi have kicked off a $63 million equity raising for Bubs Australia.  ....

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Cluey Ltd buys Code Camp, raising equity

Stockbrokers Bell Potter and Canaccord Genuity have started lining up investors to take another look at education software company Cluey.  ....

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Rural Funds Group raising $100m for macadamia initiatives


Rural Funds Group raising $100m for macadamia initiatives
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Stockbrokers Bell Potter, Wilsons and UBS have been tapped for a $100 million rights issue by farms owner Rural Funds Group.
Rural Funds has begun planting macadamia trees in Bundaberg (pictured), Maryborough and Rockhampton. 
The offer to existing investors comes with a $2.47 per share price tag - a 5 per cent discount to its last close price of $2.60.
The agriculture real estate trust will invest the funds in its macadamia orchards, having revealed in February that it would plant 500 hectares of new macadamia orchards this calendar year.
Part of the funds have also been flagged for investments in cattle operations, with the group already close to the likes of JBS and AACo, leasing land to the big corporate farmers and feedlot owners. ....

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