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An update from Butn Limited ( (AU:BTN) ) is now available.
Butn Limited has announced the issuance of 1,875,000 fully paid ordinary shares, as approved by shareholders. This move is part of the company’s efforts to enhance its financial operations and maintain compliance with the Corporations Act 2001. The issuance of shares is expected to bolster Butn’s market position and provide additional resources to support its innovative funding solutions for SMEs.
The most recent analyst rating on (AU:BTN) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Butn Limited stock, see the AU:BTN Stock Forecast page.
More about Butn Limited
Butn Limited is an Australian Business-to-Business (B2B) funder that innovates the way small and medium-sized enterprises (SMEs) fund and grow their businesses. The company focuses on transactional funding, helping SMEs overcome working capital constraints by financing individual transactions and leveraging the end debtor’s credit. With a vision of ‘Your money, today,’ Butn has provided over $2.5 billion in cashflow funding solutions to Australian businesses.
Average Trading Volume: 258,170
Technical Sentiment Signal: Sell
Current Market Cap: A$33.46M
For detailed information about BTN stock, go to TipRanks’ Stock Analysis page.