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The latest announcement is out from Harvest Technology Group Ltd. ( (AU:HTG) ).
Harvest Technology Group Limited announced the issuance of 64,475,213 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act 2001. This move, facilitated under section 708A(5) of the Act, allows the on-sale of these shares to be exempt from restrictions, potentially enhancing liquidity and investor engagement in the company’s securities. The company has ensured compliance with relevant legal provisions and confirmed that no undisclosed information would impact investors’ assessment of its financial position or the rights attached to the shares.
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) is a global leader in network optimized remote operations, offering real-time remote control, communication, automation, and monitoring capabilities. The company is headquartered in Perth, Australia, and specializes in ultra-low bandwidth Network Optimised Livestreaming solutions that allow customers to maintain connectivity with operations and personnel worldwide while minimizing bandwidth usage.
Average Trading Volume: 1,525,492
Technical Sentiment Signal: Hold
Current Market Cap: A$16.33M
See more data about HTG stock on TipRanks’ Stock Analysis page.