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The latest update is out from TruScreen Group Ltd. ( (AU:TRU) ).
TruScreen Group Ltd. has announced a new share offering through a Placement to selected investors and a Share Purchase Plan for eligible existing shareholders in New Zealand and Australia. The new shares will be quoted on the NZX Main Board and an application will be made for them to be quoted on the ASX. This move is part of TruScreen’s strategy to strengthen its financial position and enhance its market presence in the medical technology sector.
More about TruScreen Group Ltd.
TruScreen Group Ltd. operates in the medical technology industry, focusing on the development and commercialization of real-time, non-invasive cancer detection devices. The company targets healthcare markets in New Zealand and Australia, with its primary product being a cervical cancer screening system.
Average Trading Volume: 154,474
Technical Sentiment Signal: Buy
Current Market Cap: A$15.13M
Find detailed analytics on TRU stock on TipRanks’ Stock Analysis page.