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Activeport Group Limited ( (AU:ATV) ) has shared an announcement.
Activeport Group Ltd has announced the issuance of 68,220,533 Ordinary Shares without disclosure to investors, in compliance with relevant sections of the Corporations Act 2001. This move reflects the company’s strategic efforts to strengthen its financial position and enhance its market operations, potentially impacting its stakeholders by increasing its capital base and supporting its growth objectives.
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 experience through self-service portals, automating service provisioning, accelerating service deployment, and enabling flexible consumption models. Activeport’s solutions cover last mile, core network, data centre infrastructure, and GPUs for cloud gaming and AI.
Average Trading Volume: 18,461,758
Technical Sentiment Signal: Buy
Current Market Cap: A$32.84M
Learn more about ATV stock on TipRanks’ Stock Analysis page.