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The latest update is out from De.mem Ltd. ( (AU:DEM) ).
De.mem Limited has issued 400,000 fully paid ordinary shares as part of its acquisition of Auswater Systems Pty Ltd, which was announced in June 2024. This move is part of De.mem’s strategic expansion and strengthens its position in the water treatment industry by integrating Auswater’s capabilities.
More about De.mem Ltd.
De.mem Limited is a decentralized water and wastewater treatment company that designs, builds, owns, and operates turnkey systems for industries such as mining, electronics, chemical, oil & gas, and food & beverage. The company also provides clean drinking water solutions to municipalities, residential developments, and hotels/resorts across the Asia Pacific. Headquartered in Australia, De.mem has international locations in Singapore, Germany, and Vietnam, and commercializes advanced proprietary technologies developed in partnership with Nanyang Technological University in Singapore.
Average Trading Volume: 59,342
Technical Sentiment Signal: Sell
Current Market Cap: A$30.77M
For an in-depth examination of DEM stock, go to TipRanks’ Overview page.