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FirstWave Cloud Technology ( (AU:FCT) ) has shared an announcement.
FirstWave Cloud Technology Limited has announced the issuance of 99,316,648 fully paid ordinary shares without disclosure to investors under the Corporations Act. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information as per the Act. This move is expected to impact the company’s financial operations and market positioning, potentially influencing stakeholder interests.
The most recent analyst rating on (AU:FCT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on FirstWave Cloud Technology stock, see the AU:FCT Stock Forecast page.
More about FirstWave Cloud Technology
FirstWave Cloud Technology Limited is a global software company based in Australia, specializing in AI-driven compliance management, network monitoring, automation, and cybersecurity software. The company’s software is utilized by over 150,000 organizations across 178 countries, serving major clients such as Microsoft, Telstra, and NASA.
Average Trading Volume: 3,964,942
Technical Sentiment Signal: Sell
Current Market Cap: A$15.22M
For an in-depth examination of FCT stock, go to TipRanks’ Overview page.