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Audinate Group Ltd (ASX:AD8) is a provider of digital Audio-Visual (AV) networking technologies. The company’s Dante platform distributes digital audio signals over computer networks and is designed to bring the benefits of IT networking to the professional AV industry.
The Audinate Group Ltd (ASX: AD8) share price has tumbled more than 6% this morning in response to the company’s $40 million capital raising.
Audinate (ASX:AD8) is doing a capital raising to raise up to $40 million to invest for growth and potentially fund acquisitions.
Here’s a chart I included in our Value Investor Program last year when I hosted value investing workshops in Melbourne, Sydney and Brisbane (note: the program is now fully available online).
The share price of Audinate (ASX:AD8) is rocketing after the company gave an update. The share price is up around 11%.
The Audinate Group Ltd (ASX:AD8) share price was trading 19% lower on Monday at lunchtime after the audio-visual software business provided its latest batch of results to investors.
Audinate Group Ltd (ASX:AD8) shares are down 1% following its Annual General Meeting (AGM).
Small cap shares can make for volatile investments and require careful analysis to help guard against picking a dud. Let’s look at 2 companies that might be worth further attention.
Zip Co Ltd (ASX:Z1P) and Bubs Australia Ltd (ASX:BUB) just made it into the ASX 300 as part of the S&P Dow Jones Indices’ quarterly rebalance.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning.
