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SSH Group Ltd. ( (AU:SSH) ) just unveiled an announcement.
SSH Group Ltd has successfully completed Tranche 1 of its two-tranche placement, issuing over 6.5 million fully paid ordinary shares at $0.105 per share. This move aligns with the company’s strategy to strengthen its financial position and support its growth ambitions in the mining and construction sectors, ensuring compliance with relevant provisions of the Corporations Act.
More about SSH Group Ltd.
SSH Group Ltd operates in the Mining, Civil, and Construction sectors, focusing on a vertically integrated model through its Hire (KMH), Mine (SSH Mining), and Own (SSH Group) strategy to diversify in the metals and mining industry.
Average Trading Volume: 42,467
Technical Sentiment Signal: Buy
Current Market Cap: A$10.41M
Find detailed analytics on SSH stock on TipRanks’ Stock Analysis page.