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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has shared an announcement.
Maggie Beer Holdings Ltd has announced a 1-for-10 non-renounceable pro-rata entitlement offer to raise approximately $2.28 million by offering new shares at A$0.056 each. This financial move is aimed at strengthening the company’s capital base, potentially impacting its market positioning by providing additional resources for growth and operational enhancements. The offer is primarily targeted at shareholders in Australia and New Zealand, reflecting a strategic focus on these markets.
The most recent analyst rating on (AU:MBH) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Maggie Beer Holdings Ltd. stock, see the AU:MBH Stock Forecast page.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Ltd is a company involved in the food and beverage industry, focusing on producing high-quality gourmet products. The company is known for its premium offerings and aims to cater to a market that values quality and artisanal food experiences.
Average Trading Volume: 352,769
Technical Sentiment Signal: Hold
Current Market Cap: A$49.29M
Learn more about MBH stock on TipRanks’ Stock Analysis page.