Helpful rain dampens Namoi’s need for extra shareholder funds

Andrew Marshall
November 7 2017 - 1:00pm
Namoi Cotton prunes capital raising plans
Namoi Cotton prunes capital raising plans

Rain and an improved cash flow have convinced Namoi Cotton to delay its expected capital raising plans until next year – and prune back the amount it needs from shareholders.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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