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Leaf Resources Limited ( (AU:FGH) ) just unveiled an announcement.
Foresta Group Holdings Limited announced that SWAT7D Pty Ltd has acquired 432,650,000 fully paid ordinary shares from the company’s substantial shareholders, Mr. Ramon Dudley Mountfort and Mrs. Shirley Joy Mountfort, at a price of $0.005 per share. This acquisition, approved by shareholders at an extraordinary general meeting, is part of Foresta’s strategic efforts to strengthen its market position and enhance shareholder value.
More about Leaf Resources Limited
Foresta Group Holdings Limited is a leading company in the natural and renewable pine chemical and biomass pellet manufacturing industry. It aims to become a global supplier of these products, which are used in industrial manufacturing and are key inputs to products such as adhesives, gum, inks, paint, car tyres, and perfume. The company has developed a proprietary process to naturally extract pine chemicals using the tree’s own solvent chemicals.
Average Trading Volume: 1,169,902
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$23.88M
Find detailed analytics on FGH stock on TipRanks’ Stock Analysis page.