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An update from FirstWave Cloud Technology ( (AU:FCT) ) is now available.
FirstWave Cloud Technology has issued 120 million fully paid ordinary shares under Australian securities law without a disclosure document, confirming it remains compliant with financial reporting and continuous disclosure obligations. The company also stated that there is no excluded information that would need to be disclosed to investors, signalling that the capital issuance is being conducted within standard regulatory parameters and without undisclosed material information that might affect shareholder 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 an Australia-headquartered global software company that provides AI-driven compliance management, network monitoring, automation and cybersecurity solutions. Its freemium-based platforms are used by more than 150,000 organisations across 178 countries, serving major enterprise and government clients including Microsoft, Telstra, John Deere, the U.S. Army & Air Force, Claro, Raytheon, Telmex, Macquarie Cloud Services and NASA.
Average Trading Volume: 5,200,371
Technical Sentiment Signal: Sell
Current Market Cap: A$14.01M
For a thorough assessment of FCT stock, go to TipRanks’ Stock Analysis page.