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Gale Pacific Limited Announces Quotation of New Securities on ASX

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Gale Pacific Limited Announces Quotation of New Securities on ASX

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The latest update is out from Gale Pacific Limited ( (AU:GAP) ).

Gale Pacific Limited has announced the application for quotation of 623,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective March 11, 2025. This move is part of an employee incentive scheme, indicating the company’s strategy to enhance employee engagement and retention while potentially impacting its market position by increasing the liquidity of its shares.

More about Gale Pacific Limited

Gale Pacific Limited operates in the manufacturing industry, specializing in the production of advanced polymer fabrics. The company focuses on providing innovative shading, screening, and home improvement products, catering to both commercial and residential markets.

YTD Price Performance: -7.69%

Average Trading Volume: 126,401

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$34.08M

See more data about GAP stock on TipRanks’ Stock Analysis page.

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