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ActivEX Limited ( (AU:AIV) ) has issued an update.
ActivEX Limited has announced a variation in its loan agreement with Star Diamond Developments Limited. The revised terms allow the company to repay the $5 million unsecured loan either in cash or through the transfer of assets or shares of its subsidiary, potentially impacting its financial strategy and stakeholder interests.
More about ActivEX Limited
ActivEX Limited operates in the resource exploration industry, focusing on the development and exploration of mineral resources. The company’s primary activities include identifying and developing mining projects, with a market focus on expanding its resource base and increasing shareholder value.
Average Trading Volume: 201,804
Technical Sentiment Signal: Sell
Current Market Cap: A$4.78M
For an in-depth examination of AIV stock, go to TipRanks’ Overview page.