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Comms Group Ltd Announces Proposed Securities Issue to Raise Capital

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Comms Group Ltd. (Australia) ( (AU:CCG) ) just unveiled an announcement.

Comms Group Ltd has announced a proposed issue of securities, planning to issue a total of 139.7 million ordinary fully paid shares. This includes a standard pro rata issue of 43.3 million shares and a placement of 96.4 million shares, with the aim of raising capital to support its operations and strategic initiatives.

More about Comms Group Ltd. (Australia)

Comms Group Ltd is a company operating in the telecommunications industry, providing communication services and solutions. The company focuses on delivering innovative and reliable telecommunication services to its clients.

Average Trading Volume: 343,795

Technical Sentiment Signal: Sell

Current Market Cap: A$23.42M

Find detailed analytics on CCG stock on TipRanks’ Stock Analysis page.

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