Omnia shares slide to 10-year low on rights offer
Shares hit worst level since February 2009 after the chemicals and fertiliser maker says it plans to raise R2bn in new equity
31 May 2019 - 10:09
Omnia’s shares have slid to a 10-year low after the group said it needed to issue fresh equity to cut debt.
After losing 12.2% on Thursday, shares in Omnia slipped another 5.4% to R44.07 on Friday morning, the worst level since February 2009...
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