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The latest update is out from Abacus Property Group ( (AU:ABG) ).
Abacus Property Group announced the issuance and conversion of unquoted equity securities, totaling 168,681 fully paid ordinary units stapled securities. This move is part of the company’s ongoing efforts to manage its capital structure and enhance liquidity, potentially impacting its market positioning by increasing its equity base.
The most recent analyst rating on (AU:ABG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Abacus Property Group stock, see the AU:ABG Stock Forecast page.
More about Abacus Property Group
Abacus Property Group is a company operating in the real estate sector, primarily focusing on property investment and management. The company is known for its involvement in the acquisition, development, and management of commercial properties, with a strategic focus on enhancing value for its stakeholders.
Average Trading Volume: 836,738
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.07B
For detailed information about ABG stock, go to TipRanks’ Stock Analysis page.