tiprankstipranks
Trending News
More News >

Merchant House Completes AMI Equipment Sale

Story Highlights
Merchant House Completes AMI Equipment Sale

Confident Investing Starts Here:

The latest announcement is out from Merchant House International Limited ( (AU:MHI) ).

Merchant House International Limited announced the successful receipt of the final payment from the sale of equipment at its AMI factory in the USA. The transaction, which involved a total of US$4 million, was structured with an initial payment and a promissory note. The completion of this transaction provides the company with additional liquidity, potentially impacting its operational capabilities and financial strategy.

More about Merchant House International Limited

Average Trading Volume: 145,104

Technical Sentiment Signal: Sell

Current Market Cap: A$14.14M

See more insights into MHI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1