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Energy Action Limited Secures New CBA Facility to Enhance Financial Flexibility

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Energy Action Limited Secures New CBA Facility to Enhance Financial Flexibility

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Energy Action Limited ( (AU:EAX) ) just unveiled an update.

Energy Action Limited has signed a new Facility Agreement with the Commonwealth Bank of Australia, allowing the company to repay subordinated loans from directors and enhance its financial flexibility. The agreement supports Energy Action’s strategy to simplify its capital structure, reduce funding costs, and align its balance sheet with long-term growth plans, ultimately enabling the company to invest in sales and technology.

More about Energy Action Limited

Energy Action Limited operates in the energy sector, focusing on making energy easier, cleaner, and more cost-effective for its clients. The company is involved in providing energy management services and solutions, with a focus on reducing energy costs and improving energy efficiency.

Average Trading Volume: 27,639

Technical Sentiment Signal: Buy

Current Market Cap: A$14.42M

See more data about EAX stock on TipRanks’ Stock Analysis page.

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