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Harvest Technology Group Seeks ASX Quotation for 2.78 Million New Shares

Story Highlights
  • Harvest Technology Group has applied to list 2,777,778 new ordinary fully paid shares on the ASX.
  • The additional shares modestly expand Harvest’s equity base, supporting funding capacity but diluting existing holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Technology Group Seeks ASX Quotation for 2.78 Million New Shares

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

Harvest Technology Group Ltd has applied to the ASX for quotation of 2,777,778 new ordinary fully paid shares, expanding its listed equity base. The issuance, which was previously flagged in an Appendix 3B, modestly increases the company’s share capital and may support ongoing corporate or strategic initiatives, with implications for existing shareholders through potential dilution and for the company via enhanced funding capacity and market presence.

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.

Average Trading Volume: 998,542

Technical Sentiment Signal: Sell

Current Market Cap: A$19.49M

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

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