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QuickFee Issues New Shares to Enhance Market Liquidity

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QuickFee Issues New Shares to Enhance Market Liquidity

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QuickFee Ltd. ( (AU:QFE) ) just unveiled an update.

QuickFee Limited has issued 7,180,000 fully paid ordinary shares under Tranche 2 of a share placement, raising A$359,000. This move, approved at an Extraordinary General Meeting, allows the shares to be traded immediately under an exemption in the Corporations Act, potentially enhancing QuickFee’s market liquidity and financial flexibility.

More about QuickFee Ltd.

QuickFee (ASX: QFE) is a fast-growing financial technology company that aids professional service firms in accelerating their accounts receivables and getting paid faster. The platform integrates multiple online payment options and e-invoicing for practice management systems, primarily serving the accounting and legal professions in the United States and Australia.

Average Trading Volume: 210,572

Technical Sentiment Signal: Sell

Current Market Cap: A$17.88M

Find detailed analytics on QFE stock on TipRanks’ Stock Analysis page.

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