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Harvest Technology Clears Secondary Trading for 2.78m New Shares

Story Highlights
  • Harvest Technology Group issued 2,777,778 new ordinary shares without a prospectus.
  • The company confirmed compliance with reporting rules, enabling exempt secondary trading.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Technology Clears Secondary Trading for 2.78m New Shares

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The latest update is out from Harvest Technology Group Ltd. ( (AU:HTG) ).

Harvest Technology Group has issued 2,777,778 fully paid ordinary shares without a prospectus and has lodged the relevant notice to allow secondary trading of these securities under the Corporations Act exemption. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no withheld information that investors would reasonably require to assess the company or the rights attached to the new shares, signalling regulatory compliance and facilitating liquidity for holders of the newly issued stock.

The most recent analyst rating on (AU:HTG) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Harvest Technology Group Ltd. stock, see the AU:HTG Stock Forecast page.

More about Harvest Technology Group Ltd.

Harvest Technology Group Limited is an Australian-based, ASX-listed provider of network-optimised remote operations solutions, specialising in real-time remote control, communication, automation and monitoring. Headquartered in Perth, the company focuses on ultra‑low bandwidth livestreaming technology that enables customers to maintain connectivity with remote operations and personnel worldwide while using only a fraction of conventional bandwidth resources.

Average Trading Volume: 998,542

Technical Sentiment Signal: Sell

Current Market Cap: A$19.49M

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

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