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Pacific Lime and Cement Limited ( (AU:PLA) ) just unveiled an update.
Pacific Lime and Cement Limited announced the issuance of 1,785,714 CHESS Depositary Interests as a form of payment for consulting services, instead of cash. This move could enhance the company’s liquidity position and reflects a strategic approach to managing operational costs, potentially impacting its financial flexibility and stakeholder relations.
More about Pacific Lime and Cement Limited
Pacific Lime and Cement Limited operates in the construction materials industry, focusing on the production and distribution of lime and cement products. The company is engaged in providing essential materials for infrastructure and building projects, serving a diverse market that includes construction companies and contractors.
Average Trading Volume: 1,156,209
Technical Sentiment Signal: Hold
Current Market Cap: A$226.5M
For a thorough assessment of PLA stock, go to TipRanks’ Stock Analysis page.