Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Cobram Estate Olives Ltd. ( (AU:CBO) ) has shared an announcement.
Cobram Estate Olives Ltd. has announced a proposed issue of securities under a securities purchase plan, with a maximum of 3,125,000 ordinary fully paid securities to be issued. This move is part of the company’s strategy to raise capital, potentially impacting its financial structure and market positioning, while offering stakeholders an opportunity to participate in the company’s growth.
The most recent analyst rating on (AU:CBO) stock is a Hold with a A$2.90 price target. To see the full list of analyst forecasts on Cobram Estate Olives Ltd. stock, see the AU:CBO Stock Forecast page.
More about Cobram Estate Olives Ltd.
Cobram Estate Olives Ltd. operates in the agriculture industry, specializing in the production and distribution of olive oil and related products. The company is focused on delivering high-quality olive oil to both domestic and international markets, leveraging its expertise in olive cultivation and processing.
Average Trading Volume: 503,669
Technical Sentiment Signal: Buy
Current Market Cap: A$1.35B
See more insights into CBO stock on TipRanks’ Stock Analysis page.