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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has provided an announcement.
Maggie Beer Holdings Ltd. has announced a 1 for 10 non-renounceable pro-rata entitlement offer to raise approximately A$2.28 million. This offer is limited to eligible shareholders in Australia and New Zealand, as extending it to other regions was deemed unreasonable due to regulatory and cost considerations. The move is expected to bolster the company’s financial position, though it excludes certain international shareholders from participation.
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. operates in the food and beverage industry, focusing on premium products. The company is known for its gourmet foods and beverages, catering primarily to the Australian and New Zealand markets.
Average Trading Volume: 352,769
Technical Sentiment Signal: Hold
Current Market Cap: A$49.29M
See more data about MBH stock on TipRanks’ Stock Analysis page.