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The latest announcement is out from De.mem Ltd. ( (AU:DEM) ).
De.mem Limited announced the issuance of 26,190,473 fully paid ordinary shares at $0.105 per share as part of a placement announced earlier. This move is expected to enhance the company’s financial position, allowing it to further its operations and strengthen its market presence in the water and wastewater treatment industry.
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 major industries such as mining, electronics, chemical, oil & gas, and food & beverage. The company also provides clean drinking water solutions for municipalities, residential developments, and hotels/resorts across the Asia Pacific. Headquartered in Australia, De.mem has international operations in Singapore, Germany, and Vietnam, and commercializes advanced technologies developed in partnership with Nanyang Technological University in Singapore.
Average Trading Volume: 224,089
Technical Sentiment Signal: Hold
Current Market Cap: A$29.34M
Learn more about DEM stock on TipRanks’ Stock Analysis page.