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Equity Story Group Ltd Issues New Shares to Bolster Capital

Story Highlights
  • Equity Story Group Ltd issued 7,142,857 shares at 2.8 cents each under ASX Listing Rule 7.1.
  • This share issuance enhances Equity Story’s market position by increasing its capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Equity Story Group Ltd Issues New Shares to Bolster Capital

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Equity Story Group Ltd. ( (AU:EQS) ) has shared an announcement.

Equity Story Group Ltd has issued 7,142,857 fully paid ordinary shares at 2.8 cents each under its current ASX Listing Rule 7.1 capacity. This issuance falls under the exemption in section 708A(5) of the Corporations Act, allowing the shares to be sold without disclosure. The company has complied with relevant provisions of the Corporations Act, ensuring transparency and adherence to legal requirements. This move could potentially enhance the company’s market position by increasing its capital base, providing more opportunities for growth and expansion.

More about Equity Story Group Ltd.

Equity Story Group Ltd (ASX: EQS) is a diversified Australian financial services company offering investor education, market research, trading insights, wealth management, stockbroking, funds management, and capital markets services. The company provides equities market advice, proprietary trading strategies, and educational content through a subscription-based model, including written publications, podcasts, live seminars, and online courses. Additionally, it operates a full-service Wealth Management and Stockbroking division under the Baker Young brand.

Average Trading Volume: 134,188

Technical Sentiment Signal: Sell

Current Market Cap: A$4.17M

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

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