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Terragen Holdings Ltd ( (AU:TGH) ) has issued an announcement.
Terragen Holdings Limited has completed issuing ordinary shares under the retail component of its Entitlement Offer, addressing a shortfall of 17,982,240 shares at $0.035 each. This move, compliant with the Corporations Act, aligns with Terragen’s strategic goals of expanding its market presence and financial standing, potentially enhancing its competitive positioning within the agricultural industry. Stakeholders could anticipate improved operational capabilities and sustained growth in the bio-agricultural sector.
More about Terragen Holdings Ltd
Terragen Holdings Limited is a company that develops biological products designed to enhance the health of animals and plants in the agricultural sector. The company focuses on innovative solutions that improve livestock and crop yields while promoting environmental sustainability. Their products, Ruminant Probiotic and Great Land Plus (GLP), are available in Australia and New Zealand and aim to reduce methane emissions and reliance on chemical fertilizers, respectively.
YTD Price Performance: -10.0%
Average Trading Volume: 141,018
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.6M
See more data about TGH stock on TipRanks’ Stock Analysis page.
