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Forbidden Foods Ltd ( (AU:FFF) ) just unveiled an announcement.
Forbidden Foods Ltd has issued 139,878,572 fully paid ordinary shares at a price of $0.007 per share through a placement to professional and sophisticated investors. This move, announced earlier to the ASX, allows the company to raise capital without requiring disclosure under certain provisions of the Corporations Act, positioning it to potentially enhance its market operations and stakeholder interests.
More about Forbidden Foods Ltd
Forbidden Foods Ltd is a company operating in the food industry, focusing on developing and distributing specialty food products tailored for niche markets. Its primary offerings include a range of unique and innovative food items aimed at meeting diverse consumer preferences.
Average Trading Volume: 1,651,108
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.01M
For an in-depth examination of FFF stock, go to TipRanks’ Stock Analysis page.
