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Activeport Group Ltd Issues Over 116 Million Shares to Boost Market Position

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Activeport Group Ltd Issues Over 116 Million Shares to Boost Market Position

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Activeport Group Limited ( (AU:ATV) ) has provided an update.

Activeport Group Ltd has issued over 116 million Ordinary Shares without disclosure to investors, in compliance with the Corporations Act 2001. This move is part of their strategic efforts to enhance operational flexibility and potentially strengthen their market position, with no undisclosed information impacting stakeholders.

The most recent analyst rating on (AU:ATV) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Activeport Group Limited stock, see the AU:ATV Stock Forecast page.

More about Activeport Group Limited

Activeport Group Ltd develops software for telecommunications providers and data centre operators, focusing on cloud-enabling traditional network infrastructure. Their orchestration software enhances customer experiences by automating service provisioning and enabling flexible consumption models, with applications in last mile, core network, data centre infrastructure, and cloud gaming and AI.

Average Trading Volume: 14,677,933

Technical Sentiment Signal: Hold

Current Market Cap: A$28.43M

See more data about ATV stock on TipRanks’ Stock Analysis page.

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