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An announcement from AD1 Holdings Ltd ( (AU:AD1) ) is now available.
ADNEO Limited, listed on the Australian Securities Exchange under the code AD1, has announced the issuance of 2,444,444 ordinary fully paid shares. These shares are being issued to a consultant as partial consideration for services rendered to the company. This move may impact the company’s stock liquidity and potentially influence its market valuation, reflecting a strategic decision to compensate through equity.
More about AD1 Holdings Ltd
Average Trading Volume: 186,221
Technical Sentiment Signal: Sell
Current Market Cap: A$18.22M
Find detailed analytics on AD1 stock on TipRanks’ Stock Analysis page.