tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Environmental Clean Technologies Issues 140 Million New Shares Under Cleansing Notice

Story Highlights
  • Environmental Clean Technologies has issued 140,058,822 new fully paid ordinary shares without a prospectus.
  • The company affirms compliance with reporting and disclosure rules and says no undisclosed price-sensitive information exists.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Environmental Clean Technologies Issues 140 Million New Shares Under Cleansing Notice

Claim 70% Off TipRanks This Holiday Season

Environmental Clean Technologies Limited ( (AU:ECT) ) has provided an update.

Environmental Clean Technologies Limited has issued 140,058,822 new fully paid ordinary shares without a prospectus, relying on provisions of the Corporations Act that allow such an issue without formal disclosure to investors. The company states it is up to date with its financial reporting and continuous disclosure obligations and confirms there is no undisclosed price-sensitive information, positioning the new shares to trade on-market while signalling compliance with regulatory requirements for existing and new shareholders.

More about Environmental Clean Technologies Limited

Average Trading Volume: 912,986

Technical Sentiment Signal: Sell

Current Market Cap: A$38.64M

Find detailed analytics on ECT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1