L1 Group
L1G: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|nx | LOCK|H$F | LOCK|lS?qGl |
L1 Group: Corporate Action - Raising Equity for Organic Growth
L1 Group is raising equity to expand its investment strategies and grow its business following the recent merger between L1 Capital and Platinum Asset Management. The firm intends to raise up to AUD 330 million at AUD 0.95 per share, with AUD 25 million to come from a share purchase plan.
