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Harvest Technology Group Announces Security Issuance to Strengthen Operations

Story Highlights
  • Harvest Technology Group has proposed issuing 3,564,850 ordinary shares and 1,000,000 unlisted options.
  • This initiative aims to enhance financial stability and reinforce operational capabilities for expanded market potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Technology Group Announces Security Issuance to Strengthen Operations

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

Harvest Technology Group Ltd. has announced a proposed issue of securities comprising 3,564,850 ordinary shares and 1,000,000 unlisted options, with an exercise price of $0.03 and an expiry date of December 2028. This initiative signifies the company’s effort to strengthen its financial position and support its ongoing operations, which may bolster its industry standing and provide additional value to stakeholders.

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 Ltd. operates in the technology sector, focusing on advanced data, video, and communication solutions. The company provides innovative services for remote operations across industries such as energy, resources, and marine, aiming to enhance operational efficiency and connectivity.

Average Trading Volume: 1,298,546

Technical Sentiment Signal: Hold

Current Market Cap: A$16.4M

Learn more about HTG stock on TipRanks’ Stock Analysis page.

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