An update from Althea Group Holdings Ltd. ( (AU:AGH) ) is now available.
Althea Group Holdings Ltd. announced a proposed issue of securities, including options and ordinary shares, to be listed on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to raise capital, potentially enhancing its financial position and market presence in the medicinal cannabis sector.
More about Althea Group Holdings Ltd.
Althea Group Holdings Ltd. operates in the pharmaceutical industry, focusing on the production and distribution of medicinal cannabis products. The company is primarily involved in the development and supply of cannabis-based medicines, catering to the healthcare market.
YTD Price Performance: -26.67%
Average Trading Volume: 877,453
Technical Sentiment Signal: Buy
Current Market Cap: A$11.48M
For a thorough assessment of AGH stock, go to TipRanks’ Stock Analysis page.