An update from Tasmea Ltd. ( (AU:TEA) ) is now available.
Tasmea Limited announced the release of 35,198,040 fully paid ordinary shares from voluntary escrow, facilitating its initial public offering (IPO) and listing on the ASX. This strategic move follows the release of the company’s half-year results, potentially enhancing its market presence and providing liquidity to stakeholders.
More about Tasmea Ltd.
Tasmea Limited operates 22 inter-dependent Australian diversified specialist trade skill services businesses. The company focuses on essential shutdown, programmed maintenance, emergency breakdown, and brownfield upgrade services for fixed plant. It serves a blue-chip essential asset owner customer base across six growing industry sectors: mining and resources, defence, infrastructure and facilities, power and renewable energy, telecommunications and retail, and waste and water.
YTD Price Performance: -8.06%
Average Trading Volume: 166,439
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$655.3M
See more data about TEA stock on TipRanks’ Stock Analysis page.
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