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Harvest Technology Clears Secondary Trading for 56.6 Million New Shares

Story Highlights
  • Harvest Technology issued 56.6 million new fully paid ordinary shares without a prospectus.
  • The company confirmed regulatory compliance, enabling secondary trading and supporting share liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Technology Clears Secondary Trading for 56.6 Million New Shares

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Harvest Technology Group Ltd. ( (AU:HTG) ) has shared an update.

Harvest Technology Group has issued 56,564,850 fully paid ordinary shares without a prospectus, relying on provisions of the Corporations Act that allow secondary trading of these securities without further disclosure. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no additional undisclosed information that investors would reasonably require, effectively clearing the way for on‑sale of the new shares and supporting liquidity in its stock while signalling regulatory compliance to the market.

The most recent analyst rating on (AU:HTG) stock is a Hold 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 (ASX: HTG), headquartered in Perth, Australia, is a global provider of network-optimised remote operations solutions, delivering real-time remote control, communication, automation and monitoring services. The company focuses on ultra‑low bandwidth livestreaming technologies that allow customers to maintain connectivity with operations and personnel worldwide while using only a fraction of conventional bandwidth requirements.

Average Trading Volume: 1,071,312

Technical Sentiment Signal: Hold

Current Market Cap: A$16.4M

For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.

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