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An update from Blue Energy Limited ( (AU:BLU) ) is now available.
Blue Energy Limited has announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase up to $30,000 worth of new shares without incurring brokerage or transaction costs. The offer is open until October 20, 2025, and is not available to investors in the United States or outside Australia and New Zealand without Blue Energy’s consent. This initiative aims to raise capital while providing existing shareholders a cost-effective way to increase their investment, potentially impacting the company’s market position and shareholder value.
More about Blue Energy Limited
Average Trading Volume: 2,695,031
Technical Sentiment Signal: Sell
Current Market Cap: A$14.9M
For detailed information about BLU stock, go to TipRanks’ Stock Analysis page.