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The latest update is out from Genetic Technologies ( (AU:GTG) ).
Genetic Technologies Limited has announced a proposed issue of 26,493,450 ordinary fully paid securities, set to be issued on May 21, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s market positioning by increasing its capital base, thereby enabling further growth and development in its genetic testing services.
More about Genetic Technologies
Genetic Technologies Limited operates in the biotechnology industry, focusing on genetic testing and diagnostics. The company is known for developing and providing genetic risk assessment tests, primarily targeting health and wellness markets.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.45M
Find detailed analytics on GTG stock on TipRanks’ Stock Analysis page.