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Energy World Corporation Ltd ( (AU:EWC) ) has issued an update.
Energy World Corporation Ltd has issued 772,762,601 fully paid ordinary shares to a sophisticated investor, as per the announcement made under section 708A(5)(e) of the Corporations Act 2001. This move indicates the company’s strategic efforts to raise capital without the need for disclosure to investors, potentially impacting its financial positioning and market operations.
More about Energy World Corporation Ltd
Energy World Corporation Ltd is a company operating in the energy sector, focusing on the development and operation of power and energy projects. The company is involved in the production and supply of electricity and natural gas, catering to various markets with a focus on sustainable and efficient energy solutions.
YTD Price Performance: 159.09%
Average Trading Volume: 555,357
Technical Sentiment Signal: Buy
Current Market Cap: A$175.5M
Learn more about EWC stock on TipRanks’ Stock Analysis page.