tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Activeport Group Limited Announces Entitlement Issue

Story Highlights
Activeport Group Limited Announces Entitlement Issue

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1