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Genetic Technologies ( (AU:GTG) ) has provided an update.
Genetic Technologies Limited announced a proposed issue of up to 1,163,511,764 ordinary fully paid securities, with the issue date set for May 21, 2025. This strategic move is aimed at enhancing the company’s financial position and potentially expanding its market reach, which may have significant implications for its operations and industry standing.
More about Genetic Technologies
Genetic Technologies Limited operates in the biotechnology industry, focusing on the development and commercialization of genetic testing products. The company is known for its expertise in predictive genetic testing, which aids in assessing the risk of developing certain diseases.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.45M
For an in-depth examination of GTG stock, go to TipRanks’ Stock Analysis page.