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Applyflow Limited ( (AU:FMR) ) has issued an announcement.
FMR Resources Limited, a company listed on the Australian Securities Exchange (ASX), has announced the issuance and allotment of 4,853,821 fully paid ordinary shares at $0.16 per share to institutional and sophisticated investors, raising $776,611. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, is part of a Tranche 1 placement and reflects the company’s compliance with relevant legal provisions, indicating a strategic effort to strengthen its financial position and enhance its market operations.
More about Applyflow Limited
Average Trading Volume: 143,590
Technical Sentiment Signal: Hold
Current Market Cap: A$7.02M
For detailed information about FMR stock, go to TipRanks’ Stock Analysis page.