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.
First Graphene Ltd ( (AU:FGR) ) has issued an update.
First Graphene Ltd announced a proposed issuance of 186,982,376 new securities through a non-renounceable pro-rata offering, with an exercise price of 8.5 cents and an expiry date of June 30, 2027. This move aims to strengthen the company’s financial position and support its strategic initiatives, potentially enhancing its market presence and delivering value to stakeholders.
More about First Graphene Ltd
First Graphene Ltd operates in the advanced materials sector, focusing on the production and supply of graphene, a material known for its remarkable electrical, thermal, and mechanical properties. The company is positioned to leverage graphene’s potential across various industries, including electronics, energy storage, and construction.
YTD Price Performance: 100.0%
Average Trading Volume: 292,130
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $28.41M
See more data about FGR stock on TipRanks’ Stock Analysis page.
