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Advanced Braking Technology Limited ( (AU:ABV) ) has provided an update.
Advanced Braking Technology has issued 8,379,691 new ordinary shares following the exercise of unlisted options at $0.06 each. This move is part of the company’s compliance with the Corporations Act 2001, reflecting its ongoing commitment to transparency and regulatory obligations, potentially strengthening its financial position and market presence.
The most recent analyst rating on (AU:ABV) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Advanced Braking Technology Limited stock, see the AU:ABV Stock Forecast page.
More about Advanced Braking Technology Limited
Advanced Braking Technology Ltd (ABT) designs, manufactures, and distributes innovative braking solutions worldwide. Based in Perth, Western Australia, ABT caters to industries with strong safety and environmental needs, including mining, defence, civil construction, and waste management. Known for safety, productivity, zero emissions, and durability, ABT’s products are used globally across all seven continents.
Average Trading Volume: 173,016
Technical Sentiment Signal: Buy
Current Market Cap: A$30.77M
See more data about ABV stock on TipRanks’ Stock Analysis page.