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The latest announcement is out from Wiseway Group Ltd. ( (AU:WWG) ).
Wiseway Group Limited has notified the market that it has issued 327,416 fully paid ordinary shares without a formal prospectus or disclosure document, relying on provisions under the Corporations Act. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information that would need to be disclosed to investors, signalling that the additional shares have been issued within the standard regulatory framework and without any undisclosed material information for shareholders.
The most recent analyst rating on (AU:WWG) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Wiseway Group Ltd. stock, see the AU:WWG Stock Forecast page.
More about Wiseway Group Ltd.
Wiseway Group Limited (ASX: WWG) is a leading provider of integrated logistics solutions, operating a global network of strategically located warehouses and facilities supported by a modern fleet of trucks, aircraft and delivery vehicles. Founded in 2005 to serve the growing Australia–Asia Pacific trade, it has become one of Australia’s top three outbound air freight logistics providers, offering cross-border services including air and sea freight, imports, domestic transportation, warehousing and customs clearance across hubs in Australia, the US and the broader Asia-Pacific region.
Average Trading Volume: 25,819
Technical Sentiment Signal: Buy
Current Market Cap: A$37.8M
For a thorough assessment of WWG stock, go to TipRanks’ Stock Analysis page.