Genetic Technologies (AU:GTG) has released an update.
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Genetic Technologies Limited announces a non-renounceable pro-rata entitlement offer aiming to raise between $2 million and $3.88 million. Eligible shareholders can purchase two new shares for every three they hold at $0.04 each, with accompanying options. This capital raising endeavor is poised to support the company’s growth and enhance shareholder value.
For further insights into AU:GTG stock, check out TipRanks’ Stock Analysis page.