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Tasmea Ltd. ( (AU:TEA) ) has shared an update.
Tasmea Ltd. has issued 5,000,000 fully paid ordinary shares as part of its acquisition of WorkPac Group Pty Ltd. This move is aimed at enhancing its market position and is executed without disclosure to investors under specific provisions of the Corporations Act, ensuring eligibility for secondary trading without further disclosure.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
More about Tasmea Ltd.
Tasmea Ltd. operates in the industry of providing fully paid ordinary shares, focusing on acquisitions and strategic growth. The company is listed on the Australian Securities Exchange under the ticker TEA.
Average Trading Volume: 553,634
Technical Sentiment Signal: Buy
Current Market Cap: A$1.22B
For an in-depth examination of TEA stock, go to TipRanks’ Overview page.