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Genetic Technologies ( (AU:GTG) ) just unveiled an update.
Genetic Technologies Limited, currently under voluntary administration, has executed a Deed of Company Arrangement (DOCA) with Benelong Capital Partners Pty Ltd. This development follows a resolution by creditors and involves the company’s recapitalization, subject to shareholder approval. The Deed Administrators, appointed by FTI Consulting, will oversee the process until all conditions are met, impacting shareholder interests as detailed notices will be issued soon.
More about Genetic Technologies
Average Trading Volume: 100
Technical Sentiment Signal: Buy
Current Market Cap: $5.94M
For detailed information about GTG stock, go to TipRanks’ Stock Analysis page.