Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Field Solutions Holdings Ltd ( (AU:FSG) ) has issued an announcement.
Field Solutions Holdings Limited has announced an extension of the voluntary suspension of its securities pending the completion of its capital raising efforts and resolution of technical defaults with senior lenders. The company aims to raise between $6 million and $8.6 million through various placements and is in the final stages of securing forbearance arrangements to address defaults, which is crucial for proceeding with the capital raising and subsequent entitlement offer.
More about Field Solutions Holdings Ltd
Field Solutions Holdings Limited (FSG) operates in the telecommunications industry, providing broadband networks specifically for rural, regional, and remote areas in Australia. As a licensed telecommunications carrier, FSG offers services through its own network under the brands ‘JustISP’ and ‘Ant Communications’, and is also an NBNco Retail Service Provider.
YTD Price Performance: 10.0%
Average Trading Volume: 1,400,960
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$17.02M
Find detailed analytics on FSG stock on TipRanks’ Stock Analysis page.
