De.mem Ltd. (AU:DEM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
De.mem Limited, a leading water and wastewater treatment firm, has issued over 1.1 million shares at $0.109 each as part of the acquisition of Auswater Systems. This corporate action, announced without prior disclosure to investors, aligns with the regulatory compliance and disclosure requirements of the Corporations Act. The company’s innovative technologies in water treatment, developed in partnership with NTU in Singapore, continue to position them as a global front-runner in the sector.
For further insights into AU:DEM stock, check out TipRanks’ Stock Analysis page.