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The latest update is out from Activeport Group Limited ( (AU:ATV) ).
Activeport Group Limited has announced a pro-rata non-renounceable entitlement issue, offering 1 share for every 2.75 shares held at $0.01 per share, along with 1 free new option for every 2 shares applied for, aiming to raise up to $2,498,098. The offer is fully underwritten by Alpine Capital Pty Ltd and GBA Capital Pty Ltd, indicating strong backing and potential for growth, although the securities are considered highly speculative, and the offer is limited to certain regions.
More about Activeport Group Limited
Average Trading Volume: 1,980,207
Technical Sentiment Signal: Sell
Current Market Cap: A$9.62M
For detailed information about ATV stock, go to TipRanks’ Stock Analysis page.