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Credit Clear Limited ( (AU:CCR) ) has provided an announcement.
Credit Clear Limited has announced the issuance of 51 million fully paid ordinary shares at A$0.25 each to institutional and sophisticated investors, alongside additional shares for employee share rights conversion and director fee remuneration. This strategic move aims to strengthen the company’s capital base, potentially enhancing its market position and operational capabilities within the financial services sector.
The most recent analyst rating on (AU:CCR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.
More about Credit Clear Limited
Credit Clear Limited operates in the financial services industry, providing innovative solutions for debt management and collection. The company focuses on leveraging technology to enhance the efficiency and effectiveness of debt recovery processes, catering primarily to institutional and sophisticated investors.
Average Trading Volume: 482,919
Technical Sentiment Signal: Buy
Current Market Cap: A$121M
For detailed information about CCR stock, go to TipRanks’ Stock Analysis page.