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RLF AgTech Ltd ( (AU:RLF) ) has shared an announcement.
RLF AgTech Ltd announced the issuance of 3,324,675 fully paid ordinary shares, with 3,000,000 shares allocated to the Non-executive, independent Chair, Mr. Ben Barlow, following shareholder approval, and 324,675 shares issued to a corporate advisor as compensation for services. This move, executed under the company’s placement capacity, reflects RLF’s strategic financial maneuvers to strengthen its leadership and advisory framework, potentially impacting its market positioning and stakeholder relationships.
The most recent analyst rating on (AU:RLF) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on RLF AgTech Ltd stock, see the AU:RLF Stock Forecast page.
More about RLF AgTech Ltd
RLF AgTech Ltd operates in the agricultural technology industry, focusing on providing innovative solutions to enhance agricultural productivity. The company is listed on the Australian Securities Exchange (ASX) under the ticker RLF.
Average Trading Volume: 1,796,065
Technical Sentiment Signal: Buy
Current Market Cap: A$34.88M
For a thorough assessment of RLF stock, go to TipRanks’ Stock Analysis page.