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Carbonxt Group Ltd. ( (AU:CG1) ) just unveiled an announcement.
Carbonxt Group Ltd. has announced a proposed issue of 7,862,900 ordinary fully paid securities, with the issuance date set for March 17, 2025. This strategic move is expected to enhance the company’s capital base, potentially strengthening its market position and providing additional resources for growth and development, thereby impacting stakeholders positively.
More about Carbonxt Group Ltd.
Carbonxt Group Ltd. operates in the environmental technology industry, focusing on the development and supply of activated carbon products used primarily for air and water purification. The company is involved in providing solutions that help industries reduce emissions and meet regulatory standards.
YTD Price Performance: -28.57%
Average Trading Volume: 202,672
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$19.42M
For a thorough assessment of CG1 stock, go to TipRanks’ Stock Analysis page.