Thursday 3rd February 2011 1 Comment |
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Wellington Drive Technologies has raised $8.42 million from its rights issue.
The issue gave shareholders the right to buy one share for every existing share held.
The company did not give a breakdown of acceptances but said the rights issue closed yesterday fully subscribed after some shareholders applied for additional shares.
The company's share price rose 0.3 cents to 2.1c today.
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