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The latest announcement is out from Aussie Broadband Ltd. ( (AU:ABB) ).
Aussie Broadband Limited has announced the issuance of fully paid ordinary shares as part of a Wholesale Services Agreement with More Telecom Pty Ltd. This strategic move, involving the quotation of 5,876,944 shares, is expected to enhance Aussie Broadband’s operational capabilities and strengthen its market position.
The most recent analyst rating on (AU:ABB) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Aussie Broadband Ltd. stock, see the AU:ABB Stock Forecast page.
More about Aussie Broadband Ltd.
Aussie Broadband Limited operates in the telecommunications industry, providing internet and broadband services. The company focuses on delivering high-quality internet solutions and has established a strong presence in the Australian market.
Average Trading Volume: 763,400
Technical Sentiment Signal: Buy
Current Market Cap: A$1.28B
For detailed information about ABB stock, go to TipRanks’ Stock Analysis page.