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Imagion Biosystems Ltd. ( (AU:IBX) ) has issued an update.
Imagion Biosystems Ltd. announced the approval of issuing 3,666,667 ordinary shares to Pitt Street Research Pty Ltd as compensation for a year’s worth of analyst research coverage. This move, approved at the recent general meeting, aims to strengthen the company’s market position by ensuring continued analytical insights and support, which could enhance investor confidence and stakeholder engagement.
More about Imagion Biosystems Ltd.
Imagion Biosystems Ltd. operates in the biotechnology industry, focusing on developing diagnostic imaging technology. The company primarily offers products and services aimed at improving the detection and diagnosis of cancer, with a market focus on enhancing medical imaging capabilities.
Average Trading Volume: 10,350,735
Technical Sentiment Signal: Buy
Current Market Cap: A$10.1M
Find detailed analytics on IBX stock on TipRanks’ Stock Analysis page.