Central has already agreed to place 55.3 million shares a A$0.19 per share with institutional investors in Australia and Hong Kong to raise about A$10.5 million.
It said Tuesday the issue price represented a 20.7% discount to the five-day volume weighted average price of its shares.
Central is also hoping to raise a further A$10.5 million through a security purchase plan to existing shareholders, which represents roughly 7% - 8% of the total SPP funds which may be raised if all shareholders participate fully.
If
