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Clean Seas Seafood Limited ( (AU:CSS) ) has provided an update.
Clean Seas Seafood Limited has announced that the Federal Court of Australia has approved the convening of a shareholder meeting to vote on a scheme of arrangement, under which Yumbah Aquaculture Ltd will acquire 100% of Clean Seas’ shares. This development is a significant step in the acquisition process, potentially impacting Clean Seas’ operations and market positioning, as shareholders are encouraged to review the Scheme Booklet and participate in the upcoming vote.
The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.
More about Clean Seas Seafood Limited
Clean Seas Seafood Limited operates in the aquaculture industry, primarily focusing on the production and sale of seafood products. The company is known for its sustainable practices and market focus on high-quality seafood offerings.
YTD Price Performance: 57.30%
Average Trading Volume: 271,203
Technical Sentiment Signal: Sell
Current Market Cap: A$28.18M
Learn more about CSS stock on TipRanks’ Stock Analysis page.