Australia's Finder Energy hits record low on discounted entitlement offer
** Shares of Australia's Finder Energy FDR.AX fall as much as 11.9% to a record low of A$0.052
** Stock on track for worst day since June 19, if current losses hold
** Oil and gas explorer announces entitlement offer to raise up to A$6 mln ($3.91 mln) at an issue price of A$0.048 per share
** Issue price at a discount of 18.6% to stock's last close
** Co says funds to support completion costs associated with co's acquisition of 76% interest in oil fields in offshore Timor-Leste
** About 2.4 mln shares change hands by 0045 GMT, vs the 30-day average volume of 56,664 shares
** Stock down 26.3% YTD, as of last close
($1 = 1.5330 Australian dollars)
Reporting by Roshan Thomas in Bengaluru
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