Traffic Technologies Ltd (AU:TTI) has released an update.
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Traffic Technologies Ltd is launching a pro-rata entitlement offer, giving eligible shareholders the opportunity to acquire new shares at $0.005 each, along with free attaching options, aiming to raise approximately $2.8 million. This offer presents a speculative investment opportunity, with the additional option for shortfall participants to purchase any remaining shares.
For further insights into AU:TTI stock, check out TipRanks’ Stock Analysis page.