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RemSense Technologies Ltd. ( (AU:REM) ) has shared an update.
RemSense Technologies has notified the ASX of a proposed issue of up to 644,700 fully paid ordinary shares under a placement or other type of securities issue, with a proposed issue date of 30 June 2027. The move signals the company’s intention to access additional equity capital, which could support future operational or strategic needs and modestly dilute existing shareholders, pending final terms and ASX quotation of the new securities.
The most recent analyst rating on (AU:REM) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on RemSense Technologies Ltd. stock, see the AU:REM Stock Forecast page.
More about RemSense Technologies Ltd.
RemSense Technologies Ltd is an Australian-listed technology company operating under ASX code REM. While this release does not detail its specific products or services, the company is positioned within the broader technology sector and is subject to the ASX Listing Rules governing capital markets activity and securities issuance.
Average Trading Volume: 214,238
Technical Sentiment Signal: Hold
Current Market Cap: A$7.71M
See more data about REM stock on TipRanks’ Stock Analysis page.