Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from RLF AgTech Ltd ( (AU:RLF) ) is now available.
RLF AgTech Ltd successfully raised $1,543,210 through an Entitlement Issue, with an additional $874,304 from a heavily oversubscribed Shortfall Placement, reaching the maximum amount allowed under the prospectus. This funding, supported by existing shareholders, reflects confidence in RLF’s business potential and turnaround strategy, enabling further expansion in Australia, China, and Asia. The company plans to seek ASX quotation for options issued under the Entitlement Issue, continuing to inform the market as required.
More about RLF AgTech Ltd
RLF AgTech Ltd is an Australian-based global company specializing in plant nutrition and carbon technology. It develops products that empower farmers, nourish people, and restore the earth by combining plant science with advanced chemistry. The company’s Plant Proton Delivery Technology and Accumulating Carbon in Soil System (ACSS) enable higher-yielding, better-quality produce while aiding carbon sequestration. RLF has been active in Asia since 2006, with facilities in China, and has expanded its Australian operations through recent acquisitions.
Average Trading Volume: 266,559
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on RLF stock on TipRanks’ Stock Analysis page.
