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The latest announcement is out from Aeris Environmental Ltd ( (AU:AEI) ).
Aeris Environmental Ltd announced the issuance of 3,000,000 unquoted equity securities in the form of options expiring on 27 November 2029, with an exercise price of $0.20. This development may provide the company with additional funding opportunities and reflects its ongoing financial and operational strategies aimed at ensuring future growth, which could have implications for the company’s market positioning and stakeholders.
The most recent analyst rating on (AU:AEI) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Aeris Environmental Ltd stock, see the AU:AEI Stock Forecast page.
More about Aeris Environmental Ltd
Aeris Environmental Ltd operates in the environmental industry, focusing on the development and distribution of technologies and products for improving indoor air quality and surface hygiene. The company serves sectors such as healthcare, commercial, and industrial, aiming to address issues related to contamination, hygiene, and energy efficiency.
Average Trading Volume: 286,806
Technical Sentiment Signal: Sell
Current Market Cap: A$13.07M
Learn more about AEI stock on TipRanks’ Stock Analysis page.