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The latest announcement is out from Carbonxt Group Ltd. ( (AU:CG1) ).
Carbonxt Group Ltd. has announced the issuance of 12,500,000 unquoted equity securities in the form of options expiring on November 28, 2027, with an exercise price of $0.10. This move is likely to enhance the company’s capital structure and provide additional financial flexibility, potentially impacting its market positioning and offering new opportunities for stakeholders.
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 sustainable solutions for pollution control and environmental management.
Average Trading Volume: 133,485
Technical Sentiment Signal: Buy
Current Market Cap: A$38.4M
For an in-depth examination of CG1 stock, go to TipRanks’ Overview page.