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Aeris Environmental Ltd ( (AU:AEI) ) has provided an update.
Aeris Environmental Ltd has released a revised Appendix 4C, updating items 8.5 and 8.6 in their quarterly cash flow report. The report highlights a net cash outflow from operating activities of $1.348 million for the current quarter and $2.061 million year-to-date, reflecting ongoing expenses in research, product manufacturing, and administration. This financial adjustment indicates the company’s current financial positioning, which may impact its strategic decisions and stakeholder interests.
More about Aeris Environmental Ltd
Aeris Environmental Ltd is involved in the environmental industry, focusing on developing and manufacturing products that improve indoor air quality and hygiene. The company’s market focus includes providing innovative solutions for sustainable and effective management of indoor environments.
YTD Price Performance: 2.50%
Average Trading Volume: 60,958
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$20.17M
For a thorough assessment of AEI stock, go to TipRanks’ Stock Analysis page.