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Alco Holdings ( (HK:0328) ) just unveiled an announcement.
Alco Holdings Limited has announced a proposed capital reorganization to comply with the Hong Kong Stock Exchange’s trading requirements. The company plans to implement a share consolidation to address the issue of its shares trading below the required board lot value, which is expected to adjust the trading price and value per board lot upward.
The most recent analyst rating on (HK:0328) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Alco Holdings stock, see the HK:0328 Stock Forecast page.
More about Alco Holdings
Average Trading Volume: 3,512,826
Technical Sentiment Signal: Sell
Current Market Cap: HK$152.4M
Learn more about 0328 stock on TipRanks’ Stock Analysis page.