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An announcement from archTIS Ltd. ( (AU:AR9) ) is now available.
archTIS Ltd. has announced a proposed issue of 113,085,662 ordinary fully paid securities as part of an accelerated non-renounceable entitlement offer. This move is expected to enhance the company’s capital structure and potentially strengthen its market position by providing additional resources for growth and operational expansion.
The most recent analyst rating on (AU:AR9) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on archTIS Ltd. stock, see the AU:AR9 Stock Forecast page.
More about archTIS Ltd.
archTIS Ltd. operates in the technology industry, focusing on providing secure information sharing and collaboration solutions. The company is known for its innovative products that cater to the needs of government and enterprise clients, emphasizing data security and compliance.
Average Trading Volume: 1,422,217
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$62.76M
Find detailed analytics on AR9 stock on TipRanks’ Stock Analysis page.