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The latest update is out from Carbonxt Group Ltd. ( (AU:CG1) ).
Carbonxt Group Ltd. announced the issuance of 5,000,000 unquoted options, set to expire on November 28, 2027, with an exercise price of $0.10. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, indicating strategic financial maneuvers to potentially strengthen the company’s capital structure and support its long-term growth objectives.
The most recent analyst rating on (AU:CG1) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Carbonxt Group Ltd. stock, see the AU:CG1 Stock Forecast page.
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 committed to providing solutions that help reduce emissions and improve environmental quality, targeting industries such as power generation and industrial manufacturing.
Average Trading Volume: 133,485
Technical Sentiment Signal: Buy
Current Market Cap: A$38.4M
See more data about CG1 stock on TipRanks’ Stock Analysis page.