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Leaf Resources Limited ( (AU:FGH) ) has provided an update.
Foresta Group Holdings Limited has issued 51,739,726 fully paid ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This strategic move is part of the company’s efforts to strengthen its position in the global market for natural and renewable pine chemicals and biomass pellets, potentially impacting its operational capabilities and stakeholder interests.
More about Leaf Resources Limited
Foresta Group Holdings Limited is a leading manufacturer in the natural and renewable pine chemical and biomass pellet industry. The company aims to become a global supplier by utilizing a proprietary process to extract pine chemicals, such as rosin and terpenes, which are essential in various industrial products like adhesives, inks, and perfumes.
Average Trading Volume: 2,901,602
Technical Sentiment Signal: Buy
Current Market Cap: A$95.15M
For detailed information about FGH stock, go to TipRanks’ Stock Analysis page.