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Austco Healthcare Limited ( (AU:AHC) ) has issued an update.
Austco Healthcare Limited has issued 9,180,165 ordinary shares to the vendors of Amentco as part of the earnout agreement for Amentco’s acquisition, priced at $0.365 per share, totaling $3,350,760.79. Additionally, a cash payment of $5,026,141.19 was made to fulfill the company’s remaining earnout obligations, enhancing Austco’s strategic position in the healthcare communication sector.
The most recent analyst rating on (AU:AHC) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Austco Healthcare Limited stock, see the AU:AHC Stock Forecast page.
More about Austco Healthcare Limited
Austco Healthcare Limited operates in the healthcare industry, focusing on providing advanced communication and clinical workflow solutions. The company is known for its nurse call systems and healthcare communication products, serving hospitals and aged care facilities globally.
Average Trading Volume: 268,705
Technical Sentiment Signal: Buy
Current Market Cap: A$133.4M
Learn more about AHC stock on TipRanks’ Stock Analysis page.