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An announcement from Alexium International Group ( (AU:AJX) ) is now available.
Alexium International Group Limited has announced an update to a previous announcement regarding a proposed issue of securities. The update aligns the issue date with the Offer Document, ensuring compliance with ASX Listing Rules. This non-renounceable pro rata issue reflects the company’s strategic move to enhance its financial flexibility and strengthen its market position.
The most recent analyst rating on (AU:AJX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Alexium International Group stock, see the AU:AJX Stock Forecast page.
More about Alexium International Group
Alexium International Group Limited operates in the specialty chemicals industry, focusing on developing and commercializing advanced materials and technologies. The company is known for its innovative solutions in thermal management and flame retardancy, catering to various markets including textiles and consumer products.
YTD Price Performance: -16.67%
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$11.26M
For a thorough assessment of AJX stock, go to TipRanks’ Stock Analysis page.