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Harvest Technology Clears Secondary Trading for 821,638 Newly Issued Shares

Story Highlights
  • Harvest Technology issued 821,638 new fully paid ordinary shares without a prospectus.
  • The company enabled secondary trading of these shares by confirming regulatory compliance and no undisclosed information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Technology Clears Secondary Trading for 821,638 Newly Issued Shares

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Harvest Technology Group Ltd. ( (AU:HTG) ) just unveiled an update.

Harvest Technology Group has issued 821,638 fully paid ordinary shares without a prospectus, and has lodged the required notice so these securities can be freely traded under the Corporations Act exemption for secondary sales. The company confirmed it is compliant with financial reporting and continuous disclosure obligations and stated there is no undisclosed information necessary for investors to assess its financial position or the rights attached to the new shares, paving the way for on-market liquidity in the newly issued stock.

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, headquartered in Perth, is a global provider of network-optimised remote operations solutions, offering real-time remote control, communication, automation and monitoring services. Its ultra-low bandwidth livestreaming technology is designed to support remote field services by keeping customers connected to operations and personnel worldwide while using only a fraction of conventional bandwidth resources.

Average Trading Volume: 914,222

Technical Sentiment Signal: Hold

Current Market Cap: A$19.47M

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

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