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ALS Limited Initiates Trading Halt for Equity Raising Announcement

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ALS Limited Initiates Trading Halt for Equity Raising Announcement

Confident Investing Starts Here:

An update from ALS ( (AU:ALQ) ) is now available.

ALS Limited has requested a trading halt on its securities pending an announcement regarding an equity raising through an institutional placement and share purchase plan. This move is aimed at strengthening the company’s financial position and could have implications for its market operations and investor relations. The halt is expected to remain until the announcement is made or normal trading resumes on May 28, 2025.

The most recent analyst rating on (AU:ALQ) stock is a Buy with a A$15.20 price target. To see the full list of analyst forecasts on ALS stock, see the AU:ALQ Stock Forecast page.

More about ALS

ALS Limited is a company listed on the Australian Securities Exchange (ASX) under the ticker ALQ. It operates in the industry of providing analytical testing services, primarily focusing on the environmental, food, pharmaceutical, and industrial sectors.

YTD Price Performance: 17.31%

Average Trading Volume: 1,181,483

Technical Sentiment Signal: Buy

Current Market Cap: A$8.58B

See more data about ALQ stock on TipRanks’ Stock Analysis page.

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