Prospech Ltd. (AU:PRS) has released an update.
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Prospech Ltd. has announced a new issue of up to 75,656,938 ordinary fully paid shares in a non-renounceable pro rata offer. The offer, set to close on November 12, 2024, provides an opportunity for existing shareholders to increase their holdings. This strategic move aims to bolster the company’s capital base, potentially impacting its market valuation.
For further insights into AU:PRS stock, check out TipRanks’ Stock Analysis page.