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Cobram Estate Olives Ltd. ( (AU:CBO) ) just unveiled an announcement.
Cobram Estate Olives Ltd. announced the issuance of 625,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction and may impact the company’s market positioning by potentially increasing its capital and shareholder base.
The most recent analyst rating on (AU:CBO) stock is a Buy with a A$3.50 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, focusing on the production and distribution of olive oil and related products. The company is known for its premium quality olive oils and has a significant presence in the Australian market.
Average Trading Volume: 841,420
Technical Sentiment Signal: Buy
Current Market Cap: A$1.6B
See more insights into CBO stock on TipRanks’ Stock Analysis page.