tiprankstipranks
Trending News
More News >

Prophecy International Expands Share Capital with New Issuance

Story Highlights
Prophecy International Expands Share Capital with New Issuance

An update from Prophecy International Holdings Ltd ( (AU:PRO) ) is now available.

Prophecy International Holdings Ltd has announced the issuance of 20,000 fully paid ordinary shares following the exercise of unquoted performance rights. This move, executed without disclosure under the Corporations Act, reflects the company’s compliance with relevant legal provisions and indicates a strategic step in its financial operations. The issuance is expected to have implications for the company’s market positioning and stakeholder interests, as it enhances the company’s share capital.

More about Prophecy International Holdings Ltd

Prophecy International Holdings Ltd operates in the technology industry, focusing on providing software solutions. The company is known for its products and services that cater to various market needs, including cybersecurity and analytics.

YTD Price Performance: -15.09%

Average Trading Volume: 36,557

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$33.17M

For a thorough assessment of PRO stock, go to 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