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Papyrus Australia Ltd Issues 26.2 Million Shares

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Papyrus Australia Ltd Issues 26.2 Million Shares

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An update from Papyrus Australia Ltd ( (AU:PPY) ) is now available.

Papyrus Australia Ltd has announced the issuance of 26,200,000 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Corporations Act and is not aware of any excluded information, indicating a strategic move to potentially strengthen its financial position and shareholder base.

More about Papyrus Australia Ltd

Average Trading Volume: 461,242

Technical Sentiment Signal: Sell

Current Market Cap: A$6.87M

For an in-depth examination of PPY stock, go to TipRanks’ Overview page.

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