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The latest update is out from Smart Parking Limited ( (AU:SPZ) ).
Smart Parking Limited has announced the dispatch of its Retail Entitlement Offer Booklet, part of a fully underwritten entitlement offer aimed at raising approximately A$5 million. This offer is available only to eligible retail shareholders, who can choose to take up all, part, or none of their entitlement. The initiative is expected to impact the company’s financial positioning positively and reflects its strategy to strengthen its market presence.
More about Smart Parking Limited
Smart Parking Limited is a pioneering technology innovator in the parking industry, with operations in Australia, New Zealand, Germany, Denmark, and the UK. The company is focused on transforming the parking experience worldwide through its Smart Cloud technology and Automatic Number Plate Recognition systems, offering integrated smart parking services and solutions. It has been listed on the Australian Securities Exchange since 2011.
YTD Price Performance: 11.22%
Average Trading Volume: 30
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €212.9M
Find detailed analytics on SPZ stock on TipRanks’ Stock Analysis page.