Traffic Technologies Ltd (AU:TTI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Traffic Technologies Ltd has announced a pro-rata entitlement offer, allowing eligible shareholders to purchase one new share for every two shares they hold at an issue price of $0.005. The offer includes a free attaching option for each new share, aiming to raise approximately $2.8 million to fund equipment purchases and working capital. This initiative could be of significant interest to investors, looking to capitalize on the company’s growth potential.
For further insights into AU:TTI stock, check out TipRanks’ Stock Analysis page.