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An update from Cobram Estate Olives Ltd. ( (AU:CBO) ) is now available.
Cobram Estate Olives Ltd. announced an institutional placement of new fully paid ordinary shares, along with a Share Purchase Plan for eligible shareholders, and a block trade of shares by directors. This move is part of a broader offering strategy to raise capital, managed by Aitken Mount Capital Partners. The placement and share purchase plan are not underwritten, and the offering is restricted to certain investors, with eligibility determined by legal requirements and company discretion.
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 agricultural industry, focusing on the production and sale of olive oil and related products. The company is known for its premium olive oil offerings and has a market presence in Australia and New Zealand.
Average Trading Volume: 503,669
Technical Sentiment Signal: Buy
Current Market Cap: A$1.35B
For detailed information about CBO stock, go to TipRanks’ Stock Analysis page.