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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has shared an update.
Maggie Beer Holdings Ltd has announced a non-renounceable entitlement offer to raise approximately A$2.28 million. The offer allows eligible shareholders to purchase one new share for every ten existing shares at a discounted price of A$0.056 per share. The funds raised will be used for general working capital, and the offer is expected to enhance the company’s financial flexibility. This move is likely to impact the company’s operations by providing additional resources for growth and stability, potentially strengthening its position in the competitive food and beverage market.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Ltd is a company based in South Australia, operating within the food and beverage industry. The company is known for its premium food products and has a market focus on high-quality, gourmet offerings.
Average Trading Volume: 300,382
Technical Sentiment Signal: Buy
Current Market Cap: A$39.92M
Find detailed analytics on MBH stock on TipRanks’ Stock Analysis page.