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White Energy Company Limited ( (AU:WEC) ) has provided an update.
White Energy Company Limited has announced a partially underwritten, non-renounceable pro rata entitlement offer, allowing eligible shareholders to participate in a 5 for 12 offer. This strategic move aims to strengthen the company’s financial position and support its ongoing operations, potentially enhancing its market presence and providing value to its stakeholders.
More about White Energy Company Limited
White Energy Company Limited operates in the energy sector, focusing on coal technology and renewable energy solutions. The company is involved in the development and commercialization of technologies that enhance the efficiency and environmental performance of coal, with a market focus primarily in Australia and New Zealand.
Average Trading Volume: 58,162
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$9.35M
See more data about WEC stock on TipRanks’ Stock Analysis page.