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RemSense Technologies Ltd. ( (AU:REM) ) just unveiled an announcement.
RemSense Technologies Limited has lodged an Appendix 3B announcing a proposed issue of up to 573,066 new fully paid ordinary shares under a placement or other form of security issue, with a proposed issue date of 30 June 2027. The move signals the company’s intention to raise additional equity capital, which may support future operational needs or growth initiatives and will modestly increase the total share count, with implications for existing shareholders’ dilution and the company’s capital structure once the issue is completed.
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 Limited, listed on the ASX under the code REM, operates in the technology sector, providing specialist technology solutions and services. The company’s activities are oriented toward offering advanced digital and industrial technology products, primarily servicing clients that require innovative tech-based operational and data solutions.
Average Trading Volume: 214,238
Technical Sentiment Signal: Hold
Current Market Cap: A$7.71M
Find detailed analytics on REM stock on TipRanks’ Stock Analysis page.