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White Energy Company Limited ( (AU:WEC) ) has issued an announcement.
White Energy Company Limited has announced a 2 for 3 pro-rata renounceable entitlement offer to its eligible shareholders, aiming to raise capital. This move is likely to impact the company’s financial strategy and shareholder value, as it allows existing shareholders in Australia and New Zealand to increase their investment in the company.
More about White Energy Company Limited
White Energy Company Limited operates in the energy sector, focusing on the production and supply of energy resources. The company is listed on the Australian Securities Exchange and the OTC market, indicating its market focus on both local and international investors.
YTD Price Performance: 42.50%
Average Trading Volume: 834
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.98M
For detailed information about WEC stock, go to TipRanks’ Stock Analysis page.