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Avenira Limited Issues Over 1 Billion Shares in Strategic Move

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Avenira Limited Issues Over 1 Billion Shares in Strategic Move

TipRanks Black Friday Sale

Avenira Limited ( (AU:AEV) ) has issued an update.

Avenira Limited has announced the issuance of 1,081,000,000 fully paid ordinary shares at a price of $0.007 each. This move, which was executed without disclosure to investors under specific provisions of the Corporations Act, signifies a strategic financial maneuver by the company. The announcement indicates compliance with relevant legal provisions and assures stakeholders of transparency, potentially impacting the company’s financial structure and market positioning.

More about Avenira Limited

Average Trading Volume: 656,042

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$25.42M

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

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