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The latest announcement is out from Koba Resources Limited ( (AU:KOB) ).
Koba Resources Limited has announced a non-renounceable pro rata entitlement offer to raise approximately $1,141,644. The offer includes the issuance of new shares and options to eligible shareholders, managed by Cygnet Capital Pty Limited. This move is aimed at strengthening the company’s financial position, although it is not underwritten, indicating a level of risk for investors. The offer is available only to shareholders registered by the record date, and the company emphasizes the speculative nature of the investment.
More about Koba Resources Limited
Average Trading Volume: 168,184
Technical Sentiment Signal: Sell
For detailed information about KOB stock, go to TipRanks’ Stock Analysis page.