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Acusensus Ltd ( (AU:ACE) ) has provided an announcement.
Acusensus Ltd has announced a placement of new fully paid ordinary shares to professional and sophisticated investors, as well as certain existing shareholders. This move aims to raise equity for the company, potentially impacting its financial operations and market positioning. The presentation highlights that the investment carries risks and is not accompanied by financial advice, emphasizing the need for investors to conduct their own due diligence.
The most recent analyst rating on (AU:ACE) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Acusensus Ltd stock, see the AU:ACE Stock Forecast page.
More about Acusensus Ltd
Acusensus Ltd operates in the technology industry, focusing on developing advanced solutions for monitoring and improving road safety. The company provides innovative products and services designed to detect and manage traffic violations, contributing to enhanced public safety and efficient traffic management.
Average Trading Volume: 307,942
Technical Sentiment Signal: Buy
Current Market Cap: A$234.6M
Find detailed analytics on ACE stock on TipRanks’ Stock Analysis page.