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An announcement from Eden Innovations ( (AU:EDE) ) is now available.
The company issued 341,780 fully paid ordinary shares after the exercise of options, including 100,001 shortfall shares taken up by a sophisticated investor under last year’s entitlement offer. Eden Innovations affirmed full compliance with its Corporations Act reporting obligations and confirmed no undisclosed information, reinforcing transparency for shareholders following the capital issuance.
The most recent analyst rating on (AU:EDE) stock is a Sell with a A$0.12 price target. To see the full list of analyst forecasts on Eden Innovations stock, see the AU:EDE Stock Forecast page.
More about Eden Innovations
Eden Innovations Ltd is an Australian technology company developing advanced materials and clean-tech products for infrastructure, with a focus on supplying engineered solutions to civil construction and energy markets.
YTD Price Performance: 150.0%
Average Trading Volume: 1,470,824
Technical Sentiment Signal: Sell
Current Market Cap: A$79.84M
For a thorough assessment of EDE stock, go to TipRanks’ Stock Analysis page.