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FirstWave Cloud Technology ( (AU:FCT) ) has provided an update.
FirstWave Cloud Technology Limited announced the issuance of 33,105,567 unquoted equity securities, as part of previously announced transactions. This move is likely aimed at strengthening the company’s financial position and supporting its strategic initiatives in the competitive cloud technology market.
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 operates in the cloud technology industry, focusing on providing cybersecurity solutions and cloud-based services. The company is known for its innovative approach to securing cloud platforms, catering primarily to businesses seeking robust security measures.
Average Trading Volume: 3,964,942
Technical Sentiment Signal: Sell
Current Market Cap: A$15.22M
Learn more about FCT stock on TipRanks’ Stock Analysis page.