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RAS Technology Issues Over One Million New Shares

Story Highlights
  • RAS Technology Holdings is a key player in the global racing and wagering industries.
  • The company issued 1,086,872 new shares, aligning with legal compliance and strategic goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RAS Technology Issues Over One Million New Shares

TipRanks Cyber Monday Sale

RAS Technology Holdings Limited ( (AU:RTH) ) just unveiled an update.

RAS Technology Holdings Limited has announced the issuance of 1,086,872 fully paid ordinary shares. This move, made without disclosure to investors under the Corporations Act, signifies the company’s compliance with relevant legal provisions. The issuance of shares is part of RAS’s strategic financial maneuvers, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (AU:RTH) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on RAS Technology Holdings Limited stock, see the AU:RTH Stock Forecast page.

More about RAS Technology Holdings Limited

RAS Technology Holdings Limited, founded in 1999, is a prominent provider of integrated premium data and content for the global racing and wagering industries. The company serves both consumer and enterprise markets, with clients including major industry players such as Entain Group, Flutter Group, Tabcorp, and others.

Average Trading Volume: 36,973

Technical Sentiment Signal: Strong Buy

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

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