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Maggie Beer Holdings Launches $2.28 Million Entitlement Offer

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Maggie Beer Holdings Launches $2.28 Million Entitlement Offer

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Maggie Beer Holdings Ltd. ( (AU:MBH) ) just unveiled an update.

Maggie Beer Holdings Ltd has announced the opening of a 1-for-10 non-renounceable pro-rata entitlement offer, aiming to raise approximately $2.28 million. The offer allows eligible shareholders to purchase new shares at $0.056 each, providing them an opportunity to maintain their shareholding without incurring brokerage fees. The entitlement offer is open until December 11, 2025, and is part of the company’s strategy to strengthen its capital base.

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 based in South Australia, primarily involved in the food and beverage industry. The company focuses on producing gourmet food products and has a market presence in Australia.

Average Trading Volume: 352,769

Technical Sentiment Signal: Hold

Current Market Cap: A$49.29M

For a thorough assessment of MBH stock, go to TipRanks’ Stock Analysis page.

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