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An update from Control Bionics Ltd. ( (AU:CBL) ) is now available.
Control Bionics Ltd. announced an update regarding their proposed issue of securities, confirming that fractional entitlements to new shares will be rounded up to the nearest whole share. This update is part of a non-renounceable pro-rata issue, which may impact the company’s capital structure and shareholder value, potentially affecting its market positioning and investor relations.
More about Control Bionics Ltd.
Control Bionics Ltd. operates in the technology industry, focusing on developing and providing advanced assistive communication devices. Their primary products are designed to aid individuals with severe disabilities in communicating and interacting with their environment.
Average Trading Volume: 155,793
Technical Sentiment Signal: Sell
Current Market Cap: A$11.49M
Find detailed analytics on CBL stock on TipRanks’ Stock Analysis page.