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Merchant House Completes AMI Equipment Sale

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Merchant House Completes AMI Equipment Sale

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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.

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